Chief corporate affairs officer Zuraida Jamaluddin said Malaysia is currently ranked sixth for 5G commercial services offering, lagging behind Singapore, the Philippines, Thailand, Vietnam, and Indonesia.
"We have planned for commercial launch by this month and to move up the rank to second place in 2024, with an aggressive timeline to achieve 80 per cent coverage by 2024, with full-fledged 5G capabilities,” she told a media briefing today. Chief financial officer Nik Azlan Nik Abdul Aziz said the cost of coverage network equipment and infrastructure stood at RM11.5 billion and through the SWN mechanism, 85 per cent would benefit Malaysian interests.
He said the mechanism would only result in RM1.7 billion in foreign outflow rather than the telcos were to build separate 5G infrastructure themselves.
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