16 Jan 2012

Nextnation Communication Bhd (NCB) has entered into a Heads of Agreement (HOA) with PT Inovisi Infracom TBK (INVS) to establish the basis for cooperation and collaboration on the supply of InoConnect IP Interconnection and InoConnect Bandwidth Optimiser.

In its filing to Bursa Malaysia today, the company said InoConnect IP
Interconnection is a service platform serving telecommunications operators to
deliver Internet Protocol (IP) services, while InoConnect Bandwidth Optimiser is a system that reduces large data packets into smaller ones allowing data to be sent out via faster and more consistent IP networks.

INVS has been actively seeking this supply due to the increasing volume and
expansion of its businesses within the regional markets in Asia Pacific.

The HOA is to enable NCB to strengthen its business relationship with INVS
and is intended to provide NCB with an opportunity to further expand its
business expansion into the Indonesian market, which has a population of about 250 million.

-- Bernama

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