5 telcos sign SSA, to take 70% stake in Digital Nasional Berhad
5 telcos have executed their Share Subscription Agreement with DNB. Each will inject RM233 mil to take 14% stake in the 5G network. MOF will retain 30% stake.
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5 telcos have executed their Share Subscription Agreement with DNB. Each will inject RM233 mil to take 14% stake in the 5G network. MOF will retain 30% stake.
Opensignal has identified Unifi as one of the best 5G telcos globally when it comes to download speed. The company also said that Digi has the best 5G gaming experience in the world.
Former PLUS Managing Director and CEO, Datuk Azman Ismail is speculated to be the new CEO of Digital Nasional Berhad. MOF is expected to announce the new chief for the 5G network this week.
Fahmi said he hopes allocation for 5G will be among the main considerations for Budget 2024. Will the government continue to retain its stake in DNB after 80% population coverage is achieved?
Malaysia Prime Minister Anwar Ibrahim said on Wednesday a switch to having a dual 5G network would allow for more effective participation by China's Huawei, providing his country with a balance of both Western and Eastern technology. The government in May had said it would allow a second 5G network to operate from next year to break a monopoly held by a single state-run network, despite concerns from some Western countries that wanted Malaysia to stick to its original plan.