Straits Energy Resources Bhd, an investment holding company principally engaged in oil trading, has signed a memorandum of understanding (MoU) with EdgePoint Towers Sdn Bhd (EPT) via its indirect subsidiary Straits CommNet Solutions Sdn Bhd. The MoU will see the two companies collaborate and engage in the 4G and 5G landscape including the rollout of private networks, digital transformation and 4.0 aspiration which include the oil and gas, port management and transportation industry.
In a statement, Straits CommNet Chief Executive Officer Sunny Ho Khin Choy expressed the company’s anticipation of working with EdgePoint to see substantial progress in driving the expansion of next-generation connectivity solutions for telecommunications network providers across the Asean region.
“Through this collaboration, SCS will be the solution and equipment provider to complement EPT's telecommunication infrastructure offerings in Malaysia and regionally."
Additionally, EPT’s Chief Executive Officer Muniff Kamaruddin spoke about modernising and future-proofing the various industrial sectors as an extensive endeavour that offers broad opportunities for businesses and entities keen to pursue vast possibilities.
"We look forward to collaborating with SCS to introduce communications offerings that will transform the industrial landscape in Malaysia. “EdgePoint is ready to optimise our next-generation infrastructure to achieve mutual goals with Straits CommNet.”