Wednesday, October 28, 2009

The players fined are YTL e-Solutions (RM1.9mil), AsiaSpace (RM1.7mil) and REDtone International (RM200,000) for failure to meet the 25%........

Three of the four WiMAX licensees have been slapped with fines for not rolling out their networks on time, industry sources said.



The Malaysian Communications and Multimedia Commission (MCMC) is said to have issued letters on the fines to the WiMAX operators more than a week ago.

The players fined are YTL e-Solutions (RM1.9mil), AsiaSpace (RM1.7mil) and REDtone International (RM200,000) for failure to meet the 25% population coverage by the end of March.



The quantum correlates to the level of coverage achieved as at the deadline. However, all three players are appealing against their fines.