by the end of this month as TM requires more time to obtain its shareholder’s approval. For now, CelcomDigi, Maxis, U Mobile and YTL, will cumulatively own 65.12% shares in DNB . Meanwhile, the Malaysian government via MOF Inc. currently hold 34.88% and a special share.
The five telcos had injected RM233 million each as Access Agreement Prepayment which then be treated as Shareholder Advance to DNB upon SSA completion.. YTL Power International Managing Director, Dato Seri Yeoh Seok Hong said, “In line with our commitment to deliver world-class 5G services to the nation, we are fully supportive of the effective implementation of the 5G Dual Wholesale Network model announced by the Government. We will continue to work closely with the Government to realise Malaysia’s ambitions for a digital economy, especially in the development of 5G and the wider AI ecosystem.
Following its previous announcement made on 20th June, CelcomDigi said the completion of the SSA affirms the company’s full support towards the Government’s 5G Dual Network model, and readiness to lead in shaping the country’s 5G landscape and in delivering innovative 5G services to Malaysian consumers and enterprises.
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