The 5G debacle continues to unravel with U Mobile issuing an official press statement on its position with regards to Digital Nasional Berhad and the equity stake in the Ministry of Finance-owned entity.
The telco states that while it is supportive of the government’s single wholesale network (SWN) model for 5G deployment in Malaysia and invited by the government to invest in Digital Nasional Berhad, the network operator after taking into consideration the terms of the investment as it currently stands has decided that it will not pursue the investment option.
U Mobile one of the two who have yet to sign on the investment deal said it would better serve by focusing on its strengths of providing innovative and unbeatable connectivity and digital services, that would realise the full potential of 5G technology. It added that decision not to invest does not affect its ability to provide 5G services to customers as the access to DNB’s 5G network infrastructure is governed by a separate access agreement, which is not linked to the equity investment.
With the latest development, the DNB agreement and 5G rollout could see a different mechanism take place, according to the press statement U Mobile said the discussion to finalise the 5G access agreement with DNB is still ongoing with other telcos.
