Telcos to gain from 5G fast-track


Digital econ

PETALING JAYA: The government’s decision to fast-track 5G services in Malaysia by year-end, underscores the urgent shift towards digital technologies that has been accelerated by the global Covid-19 pandemic.

Analysts said the move would help reap numerous benefits for the economy, especially for the local telecommunications sector.

“The 5G rollout, which will be deployed by a special purpose vehicle (SPV) that is wholly-owned by the government, will reduce the investment burden on telecommunications companies or telcos, ” said an analyst.

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