Which MNOs have agreed to take equity stakes in DNB?

Question

Accepted Answer

Five Mobile Network Operators Have Agreed to Take Equity Stakes in DNB

Five mobile network operators (MNOs) have agreed to acquire equity stakes in Digital Nasional Bhd (DNB) as part of the country's 5G network development. These MNOs are CelcomDigi Bhd, Maxis Bhd, Telekom Malaysia Bhd, U Mobile Sdn Bhd, and YTL Communications Sdn Bhd.
Equity Stakes Agreed by Key MNOs

CelcomDigi Bhd, Maxis Bhd, Telekom Malaysia Bhd, U Mobile Sdn Bhd, and YTL Communications Sdn Bhd have all reached an agreement in principle to take up equity stakes in DNB. This move is intended to support the ongoing development of Malaysia's 5G infrastructure.
Share Subscription Agreements Nearing Finalisation

The signing of Share Subscription Agreements (SSAs) between these MNOs and DNB is anticipated to occur within the current year. While an initial hope for an October signing faced minor delays due to the need for further review of certain details, the Minister of Communications and Digital, Fahmi Fadzil, indicated that an announcement on the signing date would be made soon.
DNB's Role in National 5G Deployment

Digital Nasional Bhd (DNB) was established in early March 2021 with the specific mandate to accelerate the deployment of 5G infrastructure and network across Malaysia. Currently, DNB holds the sole rights to Malaysia's 5G spectrum and is on track to achieve 80 per cent population coverage by the end of 2023.

Reading history

Hide →

This history is cleared when the page is closed.

Which MNOs have agreed to take equity stakes in DNB?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends