Malaysian cellco DiGi Telecommunications has inked a mobile virtual network operator (MVNO) agreement with Baraka Telecom, the Business Times reports. Under the deal DiGi will allow Baraka to provide voice and data services over its GSM network nationwide, and it is understood that the contract also includes an option allowing Baraka to expand the scope of agreement in the future; it is expected that the inclusion of 3G services could be allowed. The initial deal will last for three years from Baraka’s commercial launch, and could be renewed for a further two years subject to the two companies agreeing on certain terms and conditions.
Baraka is a private limited company incorporated in Malaysia on 3 April 2008 with an authorised and paid-up share capital of MY10 million; it is majority owned by foreign individuals from the Middle East.