KUALA LUMPUR – Communications and Multimedia Minister Tan Sri Annuar Musa said six telecommunications companies have agreed to hold equity stakes in Digital Nasional Bhd (DNB).
According to Bernama, Annuar said an announcement of the telcos’ entry into the Finance Ministry-owned special purpose vehicle for the nation’s rollout of 5G broadband services will be made next week.
This comes after industry insiders told Singapore’s Straits Times that Malaysia’s telco giants have agreed on the shared ownership of DNB.
The industry insiders on Wednesday said the companies were currently conducting due diligence on the deal which is expected to be reached within a fortnight.
This comes a day ahead of the government’s June 30 deadline for the telcos to sign up for the single wholesale network run by DNB. – The Vibes, June 30, 2022
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