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Politics : Formerly About Applied Materials
AMAT 301.88-1.0%Jan 14 3:59 PM EST

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To: StanX Long who wrote (55398)11/13/2001 3:30:32 AM
From: StanX Long  Read Replies (1) of 70976
 
Tuesday November 13, 2:10 PM

Wedding bells ring for Malaysian telecoms firms
By Wong Choon Mei

sg.news.yahoo.com

KUALA LUMPUR (Reuters) - Malaysia's five main telecoms operators look set to merge into three under pressure from the government to collaborate on costly third-generation (3G) mobile technology, analysts say.

The government decided last week it will hold a "beauty parade" to allocate 3G spectrum to just three firms, in a clear message that the two weakest operators should find partners and work together on extending the reach of their networks.

State-controlled Telekom , dominant in the fixed-line arena but short on cellular customers, is expected to clinch a strategic stake in debt-laden Technology Resources Industries -- the country's second biggest mobile firm, with nearly two million users.

Top cellular firm Maxis Communications is expected to buy into Time dotCom , the player with the smallest market share, though it owns a 5,200 km (3,231 miles) fibre optic network.

Niche operator and king of the local pre-paid market, DiGi.Com, is expected to stay a stand-alone -- shielded by the foreign status of its new controlling shareholder, Norway's state-controlled Telenor .
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