Malaysia to review plans for 5G network: PM Anwar
Malaysia, in 2021, unveiled a plan for a state-owned agency to own all 5G spectrum, with various carriers using the infrastructure to provide mobile services.
Malaysia, in 2021, unveiled a plan for a state-owned agency to own all 5G spectrum, with various carriers using the infrastructure to provide mobile services.
On the recent withdrawal of the draft data protection bill, and the government's plans to replace it with a comprehensive framework in form of a new regulation, the top executive said the company remains supportive of data protection regulations in India and all regions where it operates.
Two of the country's largest wireless carriers - Maxis Bhd and U Mobile - declined to take up stakes in DNB, disrupting the government's plan to sign agreements with other operators, Reuters reported on Wednesday.
The decision by Maxis Bhd and U Mobile has also disrupted the government's plan to sign agreements with other carriers, said two of the people, who requested anonymity as they were not authorised to talk about the private negotiations.
Mobile carriers have recommended the government allow a second 5G provider, sources told Reuters in December, following an impasse between operators and Digital Nasional Berhad (DNB), the state agency tasked with deploying 5G.
The cabinet will decide by January whether to allow multiple 5G providers, following concern from industry players that a single state-run network could hamper competition, Communications and Multimedia Minister Annuar Musa said last week.
DNB, an agency under the finance ministry, is the sole licensee for 5G spectrum in Malaysia to build and maintain the entire network.
According to the report on Wednesday, none of Malaysia's major mobile operators have signed up to the government's 5G network yet ahead of a rollout planned for next month, citing pricing and transparency issues.
The bank has also been mandated as the lead arranger for an additional 2.3 billion ringgit syndicated RPA for potential financial institutions.
Manufacturers are rushing to replenish chip stocks depleted during coronavirus pandemic factory curbs - not least automakers who earlier cancelled orders expecting poor demand. That chip shortage has slammed their output, and still dislocates supply chains, just as consumer demand ramps up along with a global easing of COVID restrictions in everyday life.
Under the deal, Ericsson will be responsible for end-to-end development of the network in Malaysia at a total cost of 11 billion ringgit ($2.65 billion), state owned Digital Nasional Berhad (DNB) - which is responsible for the project - said in a statement.