X Close


Thursday April 5, 2012

Xchanging enters JV with YTL Comms

KUALA LUMPUR: Xchanging, the business process and technology service provider-integrator, has signed a joint venture (JV) agreement with YTL Communications Sdn Bhd, a subsidiary of YTL Power International Bhd.

A joint statement from Xchanging and YTL Communications yesterday said the agreement was for the establishment of Xchanging Malaysia Sdn Bhd, a 50:50 JV to develop and deliver enhanced mobile Internet and cloud-based hosting offerings in Malaysia.

It said the JV would combine Xchanging’s technology, delivering expertise and international domain knowledge with YTL Communications’ award-winning 4G network and market reach, to deliver next-generation, mission-critical cloud solutions and platforms.

Lee: ‘Xchanging brings to this venture a wealth of systems integration experience and best practices.’

Xchanging chief executive Ken Lever said that the JV was an important step in enhancing the company’s presence in South-East Asia and the mobile Internet market.

“As YTL Communications has the fastest wireless network in Malaysia, the technical innovations we co-develop and implement have the potential to be game changers for our customers,” he added.

YTL Communications chief executive Wing K. Lee said: “Xchanging brings to this venture a wealth of systems integration experience and best practices.

“We are excited to join forces in bringing relevant and impactful cloud-based solutions throughout Malaysia using our advanced nationwide 4G network.

“We firmly believe in the transformative power of mobile Internet and this is yet another tangible commitment, to provide a level playing field for businesses to compete locally and globally.” — Bernama


  1. Malaysian passport 9th best in the world
  2. Japanese oil tanker robbed, three crew believed kidnapped in dramatic dawn raid
  3. KL set to be in 'security lockdown'
  4. Wanted: A rational water plan
  5. 'Godfather' believed to have killed 13-year-old boy
  6. Every kind of success in life depends on our virtues as a person
  7. Brave boy comforts family
  8. College staff turn to loan sharks after salaries unpaid for four months
  9. David Moyes parts ways with Manchester United, Ryan Giggs temporarily takes charge
  10. Selangor MB Khalid: Can't stop water rationing yet, but will review next week