Govt sticks with sole 5G network, offers 70pct stake to telcos

The government said today it will offer up to 70 percent equity in wholly state-owned 5G agency Digital Nasional Berhad (DNB) to telecommunication (telco) firms.

This is amid concerns among wireless carriers that a single, shared 5G network could hamper competition.

The announcement comes after the matter was raised in the cabinet last week.

Mobile service operators had...