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Citifon Sdn Bhd

Sector: Advanced Electronics • Location: Malaysia

Source: World Bank Group

Project
Cancelled

Citifon was awarded a national license to operate Malaysia's third pay-phone network in 1995. The company was set up June 1994 as a partnership of Telekom Malaysia Berhad's wholly-owned subsidiary, Payphone (30%) and three local private companies: Metro Perkasa (40%), Tabung Haji (20%), and Pesumals (10%). Citifon began commercial services in 1995 when it installed more than 4,000 microchip card p

Status
Closed
Sector
Advanced Electronics, Commercial, Mass Transit, Manufacturing (Industrial), Government
Location
Malaysia
Updated
22 Jul 2026
Source
World Bank Group

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The project “Citifon Sdn Bhd” is an infrastructure initiative in the Advanced Electronics sector, located in Malaysia. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Citifon was awarded a national license to operate Malaysia's third pay-phone network in 1995. The company was set up June 1994 as a partnership of Telekom Malaysia Berhad's wholly-owned subsidiary, Payphone (30%) and three local private companies: Metro Perkasa (40%), Tabung Haji (20%), and Pesumals (10%). Citifon began commercial services in 1995 when it installed more than 4,000 microchip card phones. In 1997, the company awarded a contract worth around US$8.6 million (FFr50 million) to Ascom Monetel (France), subsidiary of Ascom (Switzerland), for the supply of 10,000 GNT507 multi-payment payphones and 4 PMS150 regional management systems. In April 1999, majority state-owned Telekom Malaysia Berhad (TMB) entered into a conditional agreement to buy the 70% stake in the company that it did not already own, making Citifon a wholly-owned subsidiary. At the time, the company owned 20,000 pay phones across the nation.

Original sector

Information and communication technology (ICT)

Budget

Location

Country

Malaysia

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Advanced Electronics, Commercial, Mass Transit, Manufacturing (Industrial), Government

Article published date

2024-05-24

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