Foreign telcos are itching to stir up some competition in the country so Malaysian telcos had better come to an agreement about the 5G rollout in the country soon, hinted the Finance Minister.
Datuk Seri Tengku Zafrul Abdul Aziz told Malay Mail that while six of Malaysia’s major telecommunications companies have agreed to purchase shares in Digital Nasional Berhad (DNB), they are still in negotiations to determine how much they will have to pay for access to the country’s current 5G network.
At the same time he said that foreign telcos are pining to enter the Malaysian market.
Maxis, U Mobile, Celcom, DiGi, YTL, and Telekom Malaysia will only have until 31 August to complete and agree to the terms, or risk losing out. But Tengku Zafrul says that he has a feeling that some telcos may drag the process on further.
Malaysia’s journey to catch up with the rest of the world when it comes to 5G has been an arduous one. It was filled with holdouts, counter offers, and some concessions. While other countries are ahead, we barely got started.
You can follow our coverage of Malaysia’s 5G rollout below:
READ MORE: Malaysia 5G Is Finally Moving Forward With Six Telecoms Potentially Taking Up DNB Offer
READ MORE: Malaysia’s Four Big MNOs Wants A Bigger Slice Of The DNB Cake, Not Happy With 5G Pricing Either
READ MORE: Malaysia’s 5G Future Must Go On By June, With Or Without Hesitant Telcos
READ MORE: Malaysia’s 5G Woes To Continue? Delays Expected
READ MORE: The Four Telcos That Held Out Are Now Ready To Discuss Next Steps In National 5G Rollout Plan
