Fitch unit: Putrajaya SPV for spectrum sale could drive 5G costs up, deter adoption and development | Malaysia
Wednesday, 24 Feb 2021 10:47 AM MYT BY ASHMAN ADAM Fitch Solutions predicted that the main overseers of the wholly-owned Finance Ministry unit would be chosen from among allies of the ruling party in order to curry favour. ― AFP pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Feb 24 — The government’s move to use a special purpose vehicle (SPV) to auction off the 5G spectrum will raise adoption costs for companies and slow down development of the technology in Malaysia, said Fitch Solutions Country Risk & Industry Research. The Fitch ...
Source: malaymail.com