CelcomDigi, Maxis, U Mobile, YTL Complete SSA With MoF Inc and DNB

Four Malaysian Mobile Network Operators (MNOs), CelcomDigi, Maxis, U Mobile, and YTL, have officially announced the completion of their Share Subscription Agreement (SSA) with Digital Nasional Berhad (DNB) and the Ministry of Finance Incorporated (MoF Inc) after fulfilling all conditions in the conditional SSA. This move paves the way for the transition to the 5G Dual Wholesale Network (DWN) model.

• Make Telecom Talk My Trusted Source
• 
• 

Also Read: Maxis to Complete SSA Agreement With DNB, Accelerates 5G Network Rollout

Support for 5G Transition

On June 7, 2024, Maxis stated it was ready to complete the Digital Nasional Berhad (DNB) share subscription agreement (SSA) process in accordance with the SSA’s terms and to sign the Shareholders Agreement (SHA) with DNB.

“This announcement follows the statement on June 20, 2024, affirming the company’s full support towards the Government’s 5G Dual Network model,” said CelcomDigi and U Mobile in separate statements.

SSA Paves the Way for 5G Dual Wholesale Network

“Entered into a shareholders’ agreement with MoF Inc, DNB, YTL Power International Berhad (YTL), Maxis Broadband (Maxis), and U Mobile (U Mobile) to regulate the relationship of the shareholders of DNB (DNB Shareholders), and set out the basis upon which DNB will undertake the Government of Malaysia’s mandate to be a provider of 5G network and services in Malaysia and to finance, build, operate and maintain such infrastructure and utilize spectrum allocated for 5G (Shareholders’ Agreement),” the Bursa announcement of CelcomDigi said.

Also Read: Malaysia to Allow Second 5G Network Deployment, Telcos Respond