KUALA LUMPUR, June 28 ― U Mobile Sdn Bhd is terminating the Network Sharing and Alliance Agreement (NSA) from Oct 21, 2011 for the Maxis 3G radio access network with Maxis Broadband Sdn Bhd (MBSB).
“MBSB on June 23, received a letter from U Mobile terminating the NSA, pursuant to a termination for convenience option available to it,” Maxis Bhd said in a filing to Bursa Malaysia today.
It said the termination will take place in stages over 18 months and to be completed on Dec 27, 2018.
“The termination is not expected to have a material effect on the consolidated financial results of Maxis for the financial year ending 2017,” it added. ― Bernama