Tri/Celcom: Fixed Services Division Strategic Analysis Factors and Strategies
Cellular Communications Network Sdn Bhd was formed as a private limited company in January 1988, under the name of STM Celullar Communications Sdn Bhd which was initially owned by Syarikat Telekom Malaysia(STM), now known as Telekom Malaysia. In December 1989 after it has commenced operation STM...
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| Format: | Project Paper Report |
| Language: | English English |
| Published: |
1998
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| Online Access: | http://psasir.upm.edu.my/id/eprint/8107/1/GSM_1998_17_.pdf |
| Summary: | Cellular Communications Network Sdn Bhd was formed as a private
limited company in January 1988, under the name of STM Celullar
Communications Sdn Bhd which was initially owned by Syarikat Telekom
Malaysia(STM), now known as Telekom Malaysia. In December 1989
after it has commenced operation STM sold 51%of its stake to Alpine
Resources Sdn Bhd. During this time the Cellular Communications
Net work SIB customers base is already about 6,800 subscribers. The
company later changed its name to Celcom Sdn Bhd.
Technology Resources Indutsries (TRI) was incorporated in 1 966 as a
private limited comp any in Malaysia and its shares was listed on the
Kuala Lumpur Stock Exchange in 1971. TRI was initially known as Roxy
Electric Industries Sdn Bhd. TRI indirectly held 51% stake of Cellular Communications Network Sdn
Bhd through its subsidiary company Alpine Resources Sdn Bhd and later
TRI/Celcom was eventualy formed when TRI acquired the remaining
49% equity interest in Cellular Communications Newtork(Malyasia) Sdn
Bhd for RM271,705,000 and RM14,700,000 representing 36,75 0,000
ordinary shares of RM1 RM14,700,000 (8%) Irredeemable convertible cumulative preference shares of RM1.00 each respectively.
The Cellular Communications Newtork(Celcom)was initialy set up back
in 19 TRI/Celcom held majority shareholders of Celcom as well as several
other companies such as Alpine Resources(100%equiyt interest), TR
International Ltd, TR(USA) Ltd, and Celcom Ventures (Malaysia) Sdn Bhd
as wholly owned subsidiaries. |
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