KUALA LUMPUR, June 2 — Telecommunications companies (telcos) involved in the 5G dual network model implementation are ready to sign a deal to acquire equity stakes in Digital Nasional Bhd (DNB), said Communications Minister Fahmi Fadzil.
Fahmi said the development was in line with the time frame to complete the share subscription agreement for the acquisition of DNB equity stakes by June 21.
He said the second network will focus on 5G usage in the micro, small and medium enterprise (MSME) and industrial sectors.
“Telcos must complete the share subscription agreement for DNB equities by June 21. They are generally ready to sign the deal.
“The 5G network is most beneficial to the industrial and MSME sectors, so we are focusing on them,” he told the media during the Road to NCT Junior Badminton Championship at Sport Arena Sentosa today.
— Bernama
