News & Reviews:   5g service agreement

Maxis Bhd’s board of directors have announced that the company will be seeking shareholders’ approval to enter into the 5G access agreement with Digital Nasional Bhd (DNB). Moreover, the company intends to complete the approvals process by January 2023 and will only commercially launch 5G-related products and services afterwards.

Finance Minister Tengku Datuk Seri Zafrul Tengku Aziz has assured Malaysians that the decision by two Mobile Network Operators (MNO) to reject holding stakes in Digital Nasional Berhad (DNB) doesn’t have a huge financial impact on the government. This is because there are several local and foreign banks that are ready to finance the 5G network implementation in Malaysia.

Today is the deadline day for the 5G service agreement in Malaysia and it seems that the 5G single-wholesale network under Digital Nasional Berhad (DNB) may exclude Maxis and U Mobile. This is after both telco companies reportedly say no to taking up stakes in DNB, despite agreeing to the matter back in June 2022.