Home / Mobile Operators / redONE / REDtone to offer broadband, IT services

REDtone to offer broadband, IT services

REDtone International Bhd is offering broadband and information technology (IT) services via a collaboration with eB Capital Bhd.

It said on Dec 19 both companies would share infrastructure, marketing, technical support and customer care support services to create synergies between their respective businesses.

The venture was for seven years from Dec 19 and automatically be renewed for an additional five years. Both parties could terminate the collaboration at any time if they breached any of the terms or conditions.

REDtone said the collaboration was deemed a recurrent related party transaction as it owned 11.56% of eB Capital.

It added the collaboration was not expected to have a material effect on its financial performance for the year ending May 31, 2007 as it expected only minimum contribution for the first six months. However, it expected positive contribution to its future earnings.-TheEdgeDaily

About Kugan

Kugan is the founder of MalaysianWireless. He has been observing the mobile industry since 2003. Connect with him on Twitter: @scamboy

Check Also


Only RM8 per month for a Postpaid Plan??

From only as low as RM8/month, get 1GB high speed Internet and Unlimited Free calls with the widest 4G LTE network. Even cheaper than prepaid plan.

best value for money postpaid plan

5 Best Value for Money Postpaid Plans in June 2019

This article is about the 5 Best Value for Money Postpaid Plans available in June 2019 (in random order) from Maxis, Celcom, Digi, U Mobile & redONE.

redone singapore

redONE Singapore soft-launched, no Data Roaming Charges in Malaysia

redONE Singapore began offering its new mobile plans in the country last week, in what it calls a trial launch of its postpaid services.