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Home Telco

MCMC To Start Appointing MNO To Develop Second 5G Network On 1 July

At least four telcos will complete the SSA process by the end of this month.

by Ikmal Rozlan
June 24, 2024
maxis celcomdigi u mobile yes ytl telco second 5g
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Malaysia will soon start the process of developing its second 5G network, shifting from a Single Wholesale Network (SWN) to Dual Wholesale Network (DWN). Communications Minister Fahmi Fadzil has instructed the Malaysian Communications and Multimedia Commission (MCMC) to begin the process of identifying and appointing a mobile network operator (MNO) to develop the second network.

This comes after four telcos — Maxis, CelcomDigi, Yes, and U Mobile — announced that they were ready to complete the share subscription agreement (SSA) process. According to the minister’s press release, the MCMC will issue an Applicant Information Package (AIP) on 1 July 2024, which he says will be done transparently based on powers and provisions under the Communications and Multimedia Act 1998.

Digi 5G second 5g network

In case you need to refresh your memory, Malaysia’s five biggest telcos will be acquiring a total stake of 70% in Digital Nasional Berhad (DNB), which is currently the country’s sole 5G operator. Each firm will need to inject RM233 million in order to obtain the shares, giving each carrier a 14% stake.

So far, four telcos are set to complete the SSA by the end of June, while Telekom Malaysia (TM) is in the process of seeking shareholder approval, which it will need to obtain by 21 August 2024. The government will retain a 30% stake as well as a special share in DNB.

(Sources: Fahmi Fadzil, NST)

Filed Under 5GDNBdual 5gTelco
Updated 12:52 pm, Mon, 24 June 24
https://lowy.at/irg5m
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