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Digital econ
PETALING JAYA: The government’s decision to fast-track 5G services in Malaysia by year-end, underscores the urgent shift towards digital technologies that has been accelerated by the global Covid-19 pandemic.
Analysts said the move would help reap numerous benefits for the economy, especially for the local telecommunications sector.
“The 5G rollout, which will be deployed by a special purpose vehicle (SPV) that is wholly-owned by the government, will reduce the investment burden on telecommunications companies or telcos, ” said an analyst.
“This means that the local telcos can breathe easy, yet still stay committed to the Jendela digital infrastructure plan, which aims to increase Malaysia’s 4G coverage from 91.6% to 96.9% by 2022.”