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
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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.

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