Only two telcos have signed the agreement to have DNB participation so far

Only two telcos have signed the agreement to have DNB participation so far

KUALA LUMPUR: Only two telecommunications companies (telcos) namely Telekom Malaysia Bhd (TM) and YTL Communications Sdn Bhd have signed an agreement to own an equity interest in Digital Nasional Bhd (DNB) for the implementation of the country’s 5G network, so far.

Communications and Multimedia Minister Tan Sri Annuar Musa said as a result, other telcos were expected to expedite the conclusion of the agreement with DNB before the deadline set on June 30.

“This means that if on June 30 any telco still does not take their equity, then they will be left behind and we will continue because the focus now is to make sure the actual launch takes place.

“So for those who subscribe to TM and YTL, I understand that after Aidilfitri they will have a 5G launch in three areas (Phase 1A) namely Kuala Lumpur, Putrajaya and Cyberjaya,” he told reporters after attending the Rumah Prihatin iftar ceremony here, on Sunday.

On March 16, Annuar said the issue of DNB’s monopoly in the implementation of 5G networks in the country no longer arose as the government opened up 70 per cent opportunities to all communications service providers to own equity interests in them.

-BERNAMA

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