- MoU outlines both parties cooperation on jobs in Thailand &, Asean ,
- Initiative piece of OMS Group’s US$ 300M investment in infrastructure development
A Memorandum of Understanding with International Gateway Company Limited, a subsidiary of OMS Group Sdn Bhd, has been signed, which is a major step in improving Thailand’s system communication system and boosting both LitUp Network’s and International Gateway Company’s appearance in the Asean area.
In a statement, the firm confirmed that this is part of OMS Group’s US$ 300 million ( RM1.2 billion ) allocation to invest in expanding its submarine cable systems and terrestrial infrastructure. This funding will be important in supporting the proper partnership outlined in the MoU, which will enable both businesses to create cutting-edge communication solutions that meet the growing need for trustworthy online services in the area.
The MoU specifies a partnership between the two businesses to work on a variety of projects in Thailand and the Asean place, including wire docking stations and submarine wire systems. The partnership will contain the following efforts:
- Network Connectivity Infrastructure: Develop and provide superior community communication infrastructure to support the growing need for high-speed, trusted internet services.
- Establish and maintain submarine cable getting points, points of existence, and related equipment that are necessary for the successful implementation of the submarine cable system and landing facilities.
- Potential Collaboration: The agreement will extend to all potential online infrastructure projects, leveraging the expertise and resources of both parties.
” We are thrilled to work with International Gateway Company on this crucial initiative. This MoU marks a significant step in our effort to strengthen Thailand’s and the region’s network infrastructure. Together, we will deliver world-class connectivity solutions that are crucial for the digital economy”, said Rozaimy Rahman, Managing Director of LitUp Network.
Our shared goal,” to advance Thailand’s connectivity landscape and expand to the ASEAN region,” is reflected in this collaboration with LitUp Network. ” We look forward to working closely with LitUp Network to provide innovative solutions that are in tune with the changing needs of the region,” said Pichit Satapattayanont, CEO of International Gateway Company.
The Satun-Hatyai-Songkhla-Rayong cable system, or” Satun-Hatyai-Songkhla-Rayong cable system,” is a new subsea cable system that LitUp Network and International Gateway Company are developing together. This will be a complement to the Hatyai and Bukit Kayu Hitam systems that are currently being developed, respectively. This strategic partnership will strengthen LitUp Network’s and International Gateway Company’s presence in Thailand and complement their wider plan to expand their presence throughout the ASEAN region. This collaboration aims to provide innovative connectivity solutions that will promote and accelerate digital transformation and promote economic growth in Thailand and beyond by combining the strengths of both businesses.