Major Malaysian operators have decided to acquire stakes in the state-owned wholesale 5G operator, Digital Nasional Berhad (DNB), following discussions with the authorities regarding equity and access to 5G network. Malaysia's 5G Network Implementation Task Force has successfully reached an agreement on equity participation in DNB.
Also Read: CelcomDigi Embarks on Full-Scale Programme to Build Malaysia’s Future Digital Network
The task force, jointly chaired by the Chief Secretary of the Treasury and the Secretary of the Ministry of Communications and Digital, has been actively working towards advancing the country's 5G infrastructure.
Telcos Invest in 5G Expansion
According to the press release issued by the Minister, shared widely on social accounts, Key telecommunications players, including Celcom Digi, Maxis, Telekom Malaysia, U-Mobile, and YTL Communications, are finalizing the shareholding process with DNB.
Also Read: Telekom Malaysia Announces Termination of Share Subscription Agreement with DNB
Achieving 80 Percent 5G Coverage by 2023
The collaboration aims to support the development of DNB's 5G network, to achieve 80 percent coverage in populated areas by the end of 2023. However, the release didn't contain details of the stakes each operator agreed to or planned to take.
Subsequently, the network will transition to a dual network model, expected to begin as early as January 2024 as reported by TelecomTalk. The statement noted that service providers involved are committed to taking all necessary governance actions to ensure a smooth and efficient process.
Also Read: Malaysia to Allow Second 5G Network Deployment, Telcos Respond
According to the release, as of 30 June 2023, DNB has already covered 64.7 percent of populated areas with 5G Network infrastructure and is on track to meet the set target.
Maxis to Offer 5G Services Soon
Maxis has recently taken a step further by initiating the process of signing a 5G access agreement with DNB. The agreement was finalized on 11 July 2023, paving the way for Maxis customers to begin enjoying 5G services once shareholder approval is obtained at the Extraordinary General Meeting (EGM) next month, as reported by TelecomTalk.
Also Read: Maxis Intends Agreement to Access DNB’s 5G Infrastructure in Malaysia
On the other hand, Celcom Digi, Telekom Malaysia, U-Mobile, and YTL Communications have already started offering 5G services since signing the 5G access agreement with DNB last year.
The Ministry of Communications and Digital stated that the goal is to provide the best 5G services for the Malaysian public, considering the growing demand for high-speed and efficient connectivity in various sectors.