5G News and Views

Telcos hail decision on 70% stake in DNB

18 March 2022

Economic Impact Report Forecasts DNB’s Single Wholesale 5G Network to Create RM122 billion in GDP and 148,000 jobs in 2030

This article appeared in Free Malaysia Today on 16 March 2022.

KUALA LUMPUR: Mobile network operators (MNOs), namely Celcom Axiata, Digi Telecommunications, Maxis, and U Mobile have welcomed the Cabinet’s decision to continue with the Single Wholesale Network (SWN) model, as well as the offer for MNOs to take up an equity stake in Digital Nasional Bhd (DNB).

In a joint statement, the MNOs said the companies will engage with the finance ministry, the communications and multimedia ministry, and the Malaysian Communications and Multimedia Commission (MCMC), and key industry players on further details on the implementation of the model, including the proposed shareholding offer and transaction process.

The MNOs said they are committed to realising the country’s digital ambitions and believe in the benefits that 5G will bring to businesses, customers, and the government in strengthening Malaysia’s competitiveness in the region.

“We believe that a successful 5G deployment for Malaysia will be built on the principles of transparency, sustainability, and security.

“We look forward to working on the next steps to build a robust and future-proof communications infrastructure for Malaysia,” they said.

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