Malaysia's mobile network operators (MNOs) have until August 31 to finalise terms for acquiring a 70% stake in the 5G network provider, Digital Nasional Bhd (DNB). If they fail to do so, the 5G spectrum will be opened to international players. Finance Minister Tengku Zafrul Aziz emphasised that while foreign competition could reduce service prices, local telcos should be given priority due to their significant investments. The DNB stake sale follows a government compromise with local operators.ZAFRUL: NO EXTENSION AFTER AUG 31 DEADLINE FOR TELCOS TO SIGN UP WITH DNB FOR 5G
Malaysia's mobile network operators (MNOs) have until August 31 to finalise terms for acquiring a 70% stake in the 5G network provider, Digital Nasional Bhd (DNB). If they fail to do so, the 5G spectrum will be opened to international players. Finance Minister Tengku Zafrul Aziz emphasised that while foreign competition could reduce service prices, local telcos should be given priority due to their significant investments. The DNB stake sale follows a government compromise with local operators.
