Southern Cable wins RM44.8mil contract from TM

Southern Cable wins RM44.8mil contract from TM

The Star Online - Business·2023-05-30 08:01

KUALA LUMPUR: Southern Cable Group Bhd

has secured a RM44.8mil letter of award (LOA) from Telekom Malaysia Bhd

(TM) to supply battery systems supporting the nation’s 5G network infrastructure rollout.

The cable and wire manufacturer said the LOA to its wholly-owned subsidiary, Southern Cable Sdn Bhd, was awarded by TM’s wholly-owned subsidiary, TM Technology Services Sdn Bhd.

The contract is to supply, deliver, install, test and commission battery systems including associated engineering services and accessories, to TM’s regional hubs in Peninsular and East Malaysia.

The supply contract will commence in May 2023 and be fulfilled until May 2026.

Southern Cable Group managing director Tung Eng Hai said: “As Malaysia drives forward with its 5G network rollout to target 80% coverage of populated areas by 2023, ensuring seamless operations and reliable connectivity are of utmost importance."

"Our track record in supporting essential sectors such as telecommunications and power utilities, attests to our expertise and reliability. As a committed partner, Southern Cable is ready to continue supporting TM’s 5G rollout.”

The latest battery systems contract awarded by TM brings the group’s year-to-date contract wins to exceed RM160mil , which also include two power cable supply contracts from a power utility company.

The group’s current orders in hand amounted to RM737.5mil to be fulfilled until 2024, comprising mainly supply of power cables and wires, as well as related products and services such as aluminium rods and 5G-related equipment.

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