XOX and KDDI Malaysia to Explore Commercial Opportunities in Cross-Border Collaboration
XOX and KDDI Malaysia to Explore Commercial Opportunities in Cross-Border Collaboration
XOX Com Sdn. Bhd. (XOX) and KDDI Malaysia Sdn. Bhd. (KDDI) announced they have agreed to work together to explore commercial opportunities, working to develop new products and services that will benefit their respective customers in Japan and Malaysia.
Both companies inked the Memorandum of Understanding (MoU)
KDDI Malaysia, a subsidiary of KDDI Corporation, a one-stop provider that offers a multitude of communication services. KDDI Corporation is a provider of an integrated telecommunications services such as mobile and fixed-line broadband services, mobile communication, and fixed line communication under au brand.
As part of the collaboration, XOX and KDDI will be providing telecommunication services such as e-SIM to subscribers, deploying XOX’s SpaceX vending machines and joint development of XOX’s Nimbus mobile application as a value-added service to both parties’ mobile consumers across all regions of Japan and Malaysia. The collaboration also includes the utilisation of both companies’ latest technologies to facilitate the development and enhance the value of investment projects undertaken by XOX.
Speaking at the MoU signing event, XOX said, “We are excited to partner with one of Japan’s leading telecommunication providers, and this partnership will allow us to offer our customers in Malaysia and Japan a wider range of products and services. We are constantly looking at ways how to continuously add more values to our customers, such as an increasing demand for affordable retail data storage,” he added.
Asia Pacific has been reported to witness maximum Compound Annual Growth Rate (CACG) in 2023-2030 forecast, due to rapid implementation of Big Data, Internet of Things (IoT), 5G and cloud computing.
Mr Masaki Matsuura, Managing Director of KDDI Malaysia Sdn Bhd said that working with XOX will help to grow the business in both Japan and Malaysia, and the team is excited with the sharing of our experience and technology. “We are so looking forward to work with XOX as KDDI works to solve social issues as an infrastructure and technology company as well as contributing to Malaysia society. Telecommunications is now integral to various parts of society and is indispensable to people’s daily lives.”
XOX Nimbus application allows users to manage digital media without utilising internal storage on their devices, and its integration into XOX’s mobile ecosystem presents opportunities for increased product transactions, direct sales and advertising.
About XOX Berhad
XOX is a forward-thinking technology company that began as a telecoms service provider and is now expanding into exciting new business segments such as fintech, sports marketing, e-commerce, smart retail, media & content, blockchain, and more. With a commitment to innovation and customer empowerment, our goal is to become a full- fledged technology conglomerate offering a comprehensive product ecosystem that meets the needs of today's digital economy.
