Malaysia set to finalise deal with telcos for much-delayed 5G roll-out

Singapore, Thailand, Philippines, Indonesia and Vietnam are ahead of Malaysia in their 5G deployment timelines. PHOTO: REUTERS
New: Gift this subscriber-only story to your friends and family

KUALA LUMPUR - Malaysia's top telecommunications companies have agreed on terms to share ownership of Digital Nasional Berhad (DNB), the state-controlled company that will deploy the country's much-delayed 5G mobile network.

Industry sources told The Straits Times that a non-binding term sheet had been agreed upon by six telcos ahead of a June 30 deadline and a shareholders agreement for a stake in DNB is set to be inked early next month.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.