mTouche: Thai telecoms contract worth RM175.5mil

Telecom deal: mTouche says its contract is to build, install and operate SMART4 public phone and WiFi hub terminals for Thailand’s TOT Public Co Ltd.

KUALA LUMPUR: The contract to build, install and operate the SMART4 public phone and WiFi hub terminals for Thailand’s state-owned TOT Public Co Ltd is worth RM175.5mil, said Mtouche Technology Bhd.

In reply to a Bursa Malaysia query, the mobile value-added service provider said the project involved building 10,000 terminals within six years, with the first phase of 2,500 terminals to be built within two years and the balance within the next four years on entering the contractual agreement subject to full due diligence.