KUALA LUMPUR: M-Mode Bhd stands to lose nearly RM2.6mil in revenue in a month following the suspension of the master content provider agreement by Celcom Mobile Sdn Bhd.
In a filing with Bursa Malaysia, M-Mode said its unit M-Mode System Sdn Bhd (MMS) received a notice on April 1 that Celcom had suspended the June 7, 2013 agreement in relation to the acquisition of new services by MMS.
The services were other than Gamestore, Big Win, Escape and Emomi365, said M-Mode, which is a digital content and media company.
“According to the notice, Celcom has decided to embark on a sincere journey to provide a trusted mobile content services to its customers in view of the current rapid increase of customer complaints in the mobile content industry,” it said. M-Mode said the suspension of the current mobile platform took effect from March 5 until further notice.
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