Five telcos strike agreement for 70% equity in DNB


KUALA LUMPUR: Five mobile network operators (MNOs) have signed a share subscription agreement with Digital Nasional Bhd (DNB) that will see each of them inject about RM233mil.The capital from the MNOs – CelcomDigi (via Infranation Sdn Bhd), Maxis, U Mobile, Telekom Malaysia and YTL Power International Bhd – will be used to meet the wholesale network operator’s funding requirements.

Communications and Digital Minister Fahmi Fadzil said the next step is to assist DNB in hitting the targeted 80% coverage of populated areas (Copa) for 5G, which was at 73% as of October.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Pontian crane collapse: Victim's father-in-law witnessed, recorded tragedy as it occurred
Two young girls killed, one injured after motorcycle crashes into tree in Jempol
Pontian crane collapse: DPM Fadillah calls for thorough probe by all relevant authorities
Asean condemns Myanmar hospital airstrike, urges halt to violence
Communication, trust key to helping students speak out, forum told
Penang Bomba finalising report on deadly Butterworth house fire
Any proposals to recognise UEC must align with the Constitution, says J-Kom DG
Internal investigation to be conducted following deadly incident at Tanjung Bin Complex, Pontian
Bahasa Melayu, English both crucial in AI, digital era, says Anwar
1MDB asset recovery: 12 artworks worth over US$30mil on way back to Malaysia

Others Also Read