Maxis’ Indonesia unit in deal to lease dark fibre network

MAXIS Communications Bhd’s Indonesian subsidiary, PT Natrindo Telepon Seluler (NTS), is expected to spend more than RM100 million over the next 10 years to lease dark fibre networks. A letter of intent between NTS and fibre network service provider, PT Broadband Multimedia Tbk (BM), was signed yesterday. The deal between NTS and BM is a related party transaction.

Maxis told Bursa Malaysia Bhd yesterday that the related party deal will help NTS’ implementation schedule for the expansion and deployment of its mobile cellular network. Currently, BM’s dark fibre network covers most of the areas where NTS’ 2G (second generation) and 3G (third generation) networks are located, and its infrastructure covers 70 per cent of NTS’ planned transmission hubs.