Digi
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KUALA LUMPUR: Digi.com Bhd’s wholly-owned unit, Digi Telecommunications Sdn Bhd, has accepted the offer of spectrum assignments (SAs) for 900 megahertz (MHz) and 1,800 MHz issued by the Malaysian Communications and Multimedia Commission (MCMC).

In a filing to Bursa Malaysia today, Digi said the SAs were for 15 years effective July 2017.

“The payment for the one-time fee component amounting to RM598.54mil was made within the deadline stipulated by MCMC on Nov 1, 2016.

“Digi has decided to fund the one-time fee component mainly through its existing borrowing facilities and to maintain healthy net debt-to-earnings before interest, taxes, depreciation and amortisation ratio below one time,” it said.

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