News & Reviews:   ownership

Ever since U Mobile was nominated as the second 5G network provider in Malaysia, the news caught many Malaysians by surprise, particularly other well-known local telcos. But in order to proceed, the orange telco's foreign shareholders must reduce its ownership.

Previously, we reported that the DNB 5G share subscription agreement (SSA) with 5 local telcos has been delayed yet again. Now, the Ministry of Communications and Digital (KKD) has announced that should Mobile Network Operators (MNOs) fail to reach an agreement on ownership of the DNB 5G network and the upcoming second 5G network, the government would be stepping in.

At the end of January, it was revealed that Carl Pei, the former OnePlus co-founder revealed his new startup brand called "Nothing". Not much information was given but it appears that their first products would be a pair of wireless earbuds. Now it seems that they may make and expand a new ecosystem with Essential.