XOX inks MoU to deploy Voopee in Indonesia
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XOX Bhd has inked a MoU with an Indonesian telco and an Islamic organisation to develop and deploy its Voopee solution – which is a SIM-free application for smartphoneswhich allows the user to call and text non-Voopee phone numbers.
XOX said on Friday it unit XOX Media Sdn Bhd had signed an MoU with PT. Inovasi Telematika Nusantara and Pengurus Besar Nahdlatul Ulama (PBNU).
“The plan is to conduct a study and the planning for the development and deployment of the Voopee solution under the Nahdlatul Ulama branding with all other accompanying solutions targeting to be adopted by PBNU members,” it said.
XOX said PT Inovasi provides telecommunication services. As for PBNU, it is the largest independent Islamic organisation in the world and also a charitable body funding schools and hospitals as well as organising communities to help alleviate poverty.
The MoU will be for six month or until a commercial agreement is entered between the parties.
XOX said the MoU is expected to have positive contribution to the earnings per share and net assets per share of the Group should the MoU be subsequently commercialised.
What Voopee is about: Voopee, unlike other apps, allows the user to call and text non-Voopee phone numbers. It works like any normal mobile service.
Voopee uses the power of the Internet via mobile data connection or WiFi to provide you with mobile services.
Questions & Answers
Q.What is the purpose of the Memorandum of Understanding signed by XOX Bhd?
What is the purpose of the Memorandum of Understanding signed by XOX Bhd?
The MoU is for a study and planning phase to develop and deploy the Voopee solution in Indonesia. It will be branded under Nahdlatul Ulama and aims to be adopted by PBNU members, including accompanying solutions.
Q.Which entities are involved in this agreement with XOX Bhd?
Which entities are involved in this agreement with XOX Bhd?
XOX Media Sdn Bhd, a unit of XOX Bhd, signed the MoU with PT. Inovasi Telematika Nusantara, an Indonesian telco, and Pengurus Besar Nahdlatul Ulama (PBNU), a large Islamic organisation.
Q.How long is this Memorandum of Understanding expected to last?
How long is this Memorandum of Understanding expected to last?
The MoU is set for a duration of six months. It will conclude sooner if a commercial agreement is reached between the participating parties before the six-month period ends.
Q.What is the primary distinguishing feature of the Voopee application?
What is the primary distinguishing feature of the Voopee application?
Voopee stands out because it allows users to make calls and send texts to phone numbers that do not also use the Voopee app. It functions like a standard mobile service, but uses internet connectivity.