Which telcos have reportedly agreed to DNB equity?

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Only Telekom Malaysia Bhd and YTL Communications Sdn Bhd have signed a service agreement, with negotiations on equity still ongoing for all telcos.

As of May 4, negotiations between telecommunication companies (telcos) and Digital Nasional Bhd (DNB) concerning a service agreement for the nation's 5G network implementation are still in progress. All involved companies are currently in the process of negotiating the price and value of the equity offered by DNB. A definitive deadline of June 30, 2022, has been set for these companies to finalise their participation.
Service Agreements Signed by Two Telcos

Bernama reported that, to date, only two specific telcos have formally signed a service agreement with DNB for the deployment of the 5G network. These companies are Telekom Malaysia Bhd (TM) and YTL Communications Sdn Bhd. This development signifies a step forward in the process, though broader negotiations continue.
Clarification on Equity Stake Reports

Communications and Multimedia Minister Tan Sri Annuar Musa clarified that an earlier online portal report from May 2, which stated that only TM and YTL had agreed to own an equity stake in DNB, was inaccurate. This correction highlights that while these two companies have progressed to signing a service agreement, their agreement on equity ownership is part of the ongoing broader negotiation process.
Ongoing Equity Negotiations for All Participants

The minister indicated that all telecommunication companies engaged in discussions with DNB are currently in the process of negotiating the financial terms related to equity participation. This suggests that the signing of a service agreement does not necessarily equate to a finalised agreement on equity stakes for TM and YTL, nor does it exclude other telcos from potentially agreeing to equity terms as negotiations progress. The deadline of June 30, 2022, provides a timeframe for these crucial decisions to be made by all parties involved.

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Which telcos have reportedly agreed to DNB equity?

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