Communications and Multimedia Minister Annuar Musa has revealed that six local telcos have agreed to take up the stake in Digital Nasional Bhd (DNB), the state agency and sole 5G infrastructure provider in Malaysia. The agreement between the involved companies has been reached ahead of the deal’s 30 June 2022 deadline.
The minister told reporters during an event in Putrajaya earlier today that everything is according to plan, and issues pertaining to transparency and pricing involved have been sorted out. The finalised deal will see a total of 70% stake in DNB will be shared between the six mobile network operators. He added that the official announcement regarding the matter will be made in a week’s time.
Annuar did not specifically mention which telcos are involved, though it is believed that Yes owner YTL Communications is a potential candidate – especially given the fact that the company has already rolled out its Yes Infinite and Yes Infinite Plus 5G services. As for the rest, it is likely that Telekom Malaysia (TM) and the Big Four (Digi, U Mobile, Celcom and Maxis) are part of the list.
Whether this is actually the case, we’ll only find out when the official announcement of the deal is made sometime next week.
(Source: Bernama / The Edge Markets / The Straits Times)
Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news.
