Citifon Sdn Bhd
Sector: Advanced Electronics • Location: Malaysia
Source: World Bank Group
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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Project Information
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 | 2024-06-04 |
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