October 25, 2014 8:32 PM ET

Wireless Telecommunication Services

Company Overview of U Mobile Sdn Bhd

Company Overview

U Mobile Sdn Bhd provides mobile telecommunication services for mobile consumers. It offers prepaid, voice and data, postpaid, broadband, high-speed mobile Internet plan, international roaming, enterprise, BlackBerry, U card, U store, online self-care, international roaming, IDD, and 4G LTE services. The company was formerly known as MiTV Networks Sdn Bhd and changed its name to U Mobile Sdn Bhd in September 2007. U Mobile Sdn Bhd was founded in 1998 and is based in Kuala Lumpur, Malaysia with a store in Kuantan, Malaysia. U Mobile Sdn Bhd operates as a subsidiary of U Television Sdn. Bhd.

Lot 11.01, Level 11

East Wing

Berjaya Times Square

1, Jalan Imbi

Kuala Lumpur,  55100

Malaysia

Founded in 1998

Phone:

60 3 2117 9888

Fax:

60 3 2141 6511

Key Executives for U Mobile Sdn Bhd

Acting Chief Executive Officer and Chief Operating Officer
Chief Financial Officer
Executive Director and Member of Executive Committee
Chief Corporate Services Officer
Chief Technology Officer
Compensation as of Fiscal Year 2014.

U Mobile Sdn Bhd Key Developments

U Mobile Partners with Oppo Mobile Malaysia to Launch the Oppo Joy and Oppo Neo 5 Handsets

Malaysian mobile operator U Mobile has partnered with Oppo Mobile Malaysia to launch the Oppo Joy and Oppo Neo 5 handsets. U Mobile will soon introduce Oppo prepaid and postpaid bundle plans. Pricing details are expected to be released on 27 October.

U Mobile Mulls IPO

U Mobile Sdn Bhd is planning to launch an initial public offering (IPO). Wong Heang Tuck, Chief Executive Officer of U Mobile, said that U Mobile is planning an initial public offering as it embarks on a MYR 1.5 billion network expansion. Wong declined to say much the company planned to raise or when it would launch the IPO. Wong said, "It depends on where the market is at that point in time, but we are on our way there. Our value proposition is that we are in the right market segment, especially where most of our subscribers are young. This is the growing market segment."

U Mobile Sdn Bhd Plans to Invest MYR 1.5 Billion to Expand Network

U Mobile Sdn Bhd announced that it is planning to invest MYR 1.5 billion to expand its network via the roll-out of 2,000 new 3G and 4G long term evolution sites.

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Recent Private Companies Transactions

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