Maxis announces that it’s ready to complete DNB share subscription agreement for the second 5G network

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Maxis Bhd today in a statement announced that it’s ready to complete the Digital Nasional Berhad (DNB) share subscription agreement (SSA) process for the rollout of the second 5G network. Moreover, the telco company asserted that it’s ready to sign the shareholders agreement with DNB in accordance with the SSA’s terms. 

According to Bernama, this positions Maxis to complete its SSA process early and participate in the rollout of the second 5G network ahead of the deadline announced by Communication Minister Fahmi Fadzil, which is 21 June. In the statement, Maxis said that it wholeheartedly supports and is fully committed to a swift implementation of the government's dual 5G network model.

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The telco is also looking forward to playing a major role in advancing Malaysia's digital agenda as an active and key participant in the upcoming phase of the nation's 5G rollout. These include promoting 5G and 5G-Advanced (5.5G) adoption and innovation among consumers, businesses and the government sector.

Its CEO, Goh Seow Eng said Maxis wants to see an early conclusion to the SSA process as it will provide greater certainty to the nation's dual 5G network rollout. He stressed that completing the SSA process is a pragmatic and necessary step to commence the transition to a dual 5G network.

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