DNB has appointed a director from CelcomDigi, Maxis, TM, U Mobile and YTL to its board. Equity deal to acquire 70% stake in the 5G SWN to complete soon?
has announced new appointments to the board. The appointments were announced following the signing of the Share Subscription Agreement by 5 telcos to acquire a– Dato Seri Yeoh Seok Hong
The five new members will join other incumbent board members at DNB – Secretary General of Treasury, Ministry of Finance, Datuk Johan Mahmood Merican and Deputy Secretary General of Digital Ministry, Ma Sivanesan Marimuthu. The appointment is effective 24th April 2024. According to DNB, they look forward to obtaining valuable input and direction from the newly constituted Board in driving the advancement of Malaysia’s digital infrastructure and the adoption of 5G technology across industries, enterprises, public sector and consumers.As mentioned by Fahmi yesterday, the dual network policy will continue and a follow-up announcement will be made by next week.
The question remains: When will the SSA deal be completed? Also, what’s the timeline for Malaysia to allow a second 5G network to be established?DNB refutes CNA’s report, insists all 5G contracts were awarded transparently
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