DIRECTEL (08337) Subsidiary Enters Equipment Purchase Agreement with Hengyi International

Stock News
2025/08/26

DIRECTEL (08337) announced that on August 26, 2025 (after trading hours), the purchaser Zhonggangtong Telecommunications Limited (an indirect wholly-owned subsidiary of the Company) entered into an equipment purchase agreement with the vendor Hengyi International Limited. Under the agreement, the purchaser has agreed to purchase, and the vendor has agreed to sell telecommunications equipment and services for a total consideration of approximately HK$5.89 million, to operate the Group's principal business in the telecommunications business segment.

The telecommunications equipment and services include: (i) GSP (General Signal Platform), HSS (IMS-compatible Home Subscriber Server), GTP routers, and PGW (PDN Gateway); and (ii) configuration, adaptation, connection to existing systems, training, and technical support for a specified period.

The equipment purchase agreement enables the replacement of certain outdated core network equipment to meet the growing demands for new product functionality and capacity. This will enhance the operational efficiency, reliability, and scalability of the Group's mobile communication network. Furthermore, the upgraded equipment and services will ensure better integration with the existing network and improve overall service quality, aligning with the Group's long-term business development and competitiveness in the telecommunications industry.

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