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XOX currently has 2.2 million subscribers in Malaysia and is planning to enter the MVNO market in neighboring countries. On the 23rd, a person who is said to be connected to Hong Kong's richest man, Li Jia Ming, acquired 8.22% of the company's shares in preparation for the 5G entry.
30/07/2020 1:16 PM
companies if they finally agree on a partnership. The maximum negotiation period with a telecommunications carrier is one and a half years.
Although the telecommunications carrier with whom the negotiations have been made has not been announced, Hayate is China's three largest telecommunications carriers, China Mobile Communications Group (China Mobile, China Mobile), China Telecom Group (China Telecom), and China Unicom Network Communications Group ( China Unicom, China Unicom).
XOX Media, a subsidiary of Malaysia's virtual mobile operator (MVNO) XOX, has partnered with a major Chinese telecommunications carrier on the 27th to expand its 5th generation (5G) mobile communications system in neighboring countries. A basic agreement has been reached with the venture investment company, Jiangsu Speed Uni Asset Management (Speed Uni).
Hayao will act as a negotiating agent with a Chinese telecommunications carrier and will receive 10% of the profits resulting from the two