Only two telcos signed agreement to own equity stake in DNB - Annuar

Only two telecommunication companies, namely Telekom Malaysia Bhd (TM) and YTL Communications Sdn Bhd, have signed an agreement to own an equity stake in Digital Nasional Bhd (DNB) for the implementation of the 5G network in the country, so far.

Communications and Multimedia Minister Annuar Musa said that following this, it is hoped that other telcos will expedite (moves) to finalise an agreement with DNB before the June 30 closing date.

“This means if on June 30 any telco has...