newsbytes@clarinet.com (02/04/90)
SYDNEY, AUSTRALIA, 1990 JAN 24 (NB) -- Australia's international carrier, OTC, has signed a memorandum of understanding [MOU] with Syarikat Telekom Malaysia [STM]. The two carriers plan to take advantage of business opportunities in the rapidly growing Southeast Asian communication services market. STM is Malaysia's telecommunications service provider and one of the leading carriers in Southeast Asia. The MOU sets the basis for collaboration by the companies to enhance existing services and introduce new services, offer staff training, exchange information and personnel, and introduce joint projects. The MOU continues a relationship OTC and STM have had over the last 12 months in which OTC has assisted STM to develop its network and management resources. Malaysia is among Australia's main telecommunications traffic destinations in the Asia/Pacific region, and, with the growth of business and tourist trade between the two countries, OTC and STM see considerable potential for developing services, facilities, skills, technologies and management, and operations support systems to the companies' and their clients' advantage. (Sean McNamara/19900131/Press Contact: Jeff Bird OTC phone Australia 61-2-2875760)