Celcom Axiata to Boost Investment to Offset Spectrum Loses
Published on: 8th Feb 2016
Note -- this news article is more than a year old.
Malaysia's Celcom Axiata is expected to spend an additional RM1bil to RM2bil (USD230 million USD465 million) on network upgrades over the next 10 years.
The parent company, Axiata said that the increased expenditure over what it had previously planned was to make up for the loss of radio spectrum.
The company expects to lose 7MHz of 900MHz and 5MHz of 1800MHz spectrum following a revamp by the regulator.
"Depending on the timing and the amount of LTE spectrum Celcom hopes to obtain in the future, especially in the 700MHz spectrum band, these estimates could be lower," it said in a statement sent to the stock exchange.
The figures quoted are for network upgrades, and would not include spectrum pricing, the company noted.
"Currently, Axiata has not received any information on spectrum fees or pricing," it said. Depending on the timing and the amount of LTE spectrum Celcom hoped to obtain in the future, especially in the 700MHz spectrum band, these estimates could be lower.