The total cost for the 5G deployment will be financed exclusively by the private sector, with no Government funding or development expenditure involved.

On 12th November 2021 , DNB announced the securing of a working capital financing package of up to RM400 million from Deutsche Bank. It a RM150 million bank guarantee line, to be issued by Deutsche Bank AG, Labuan Branch, and a RM250 million revolving credit facility to be extended by Deutsche Bank (Malaysia) Berhad on an unsecured basis.

The facility will provide DNB with access to short-term financing for working capital requirements, mainly to support the company’s daily operations and capital expenditure.

The RM400 million financing package forms part of the estimated RM5 billion total working capital facilities that DNB will require between now and 2024 in order to roll out the planned 5G network.

In October 2021, United Overseas Bank (Malaysia) Bhd (UOB Malaysia) announced it had provided Ericsson (Malaysia) Sdn Bhd with a first tranche financing in the form of an RM800 million receivables purchase arrangement (RPA).

With the financing, Ericsson Malaysia will deliver the initial phases of Digital Nasional Bhd's (DNB) nationwide 5G network rollout.

UOB Malaysia has also been mandated as the lead arranger for an additional RM2.3 billion syndicated RPA for potential financial institutions (FIs).

Upon acceptance of the syndicated RPA by the participating FIs, a total of RM3.1 billion will be raised in support of the supply, delivery, and management of DNB's entire 5G network.

DNB intends to establish an RM5 billion Sukuk programme in 2022, which is intended to replace the working capital facilities and to facilitate repayment of the RPA.

More announcements will be made as and when key financing milestones are achieved.