Maxis’ 5G plans remain a mystery FMTNews FMTBusiness
Maxis Bhd was the only mobile network operator that has not signed an equity or wholesale agreement with Digital Nasional Berhad.
When asked why Maxis has been reluctant to ink a deal with DNB, group CEO Goh Seow Eng told shareholders that the group was “working with DNB and the ministry on the access agreement” network, as reported by The Edge. “Maxis believes that having two 5G networks will benefit the industry. Competition will ensure operational and cost efficiencies and continuous network improvement,” he said.
“The consent of shareholders may likely not be required if wholesale prices are more accommodative,” said Tan.“A lower 4 sen DPS declared highlights uncertainties on the 5G capex front ,” he said.Meanwhile, delays in signing the access agreement are not of much concern to Public Investment Bank analyst Eltricia Foong.
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