Digital Nasional Berhad: Finance Ministry will start negotiations, affords on 5G community to telcos, says minister | Malaysia

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Communications and Multimedia Minister Tan Sri Annuar Musa said easing of restriction was necessary for the industry as the creative sector was among those most affected when all activities were ceased during the MCO last year. — Bernama pic
Communications and Multimedia Minister Tan Sri Annuar Musa mentioned easing of restriction was needed for the trade because the inventive sector was amongst these most affected when all actions had been ceased through the MCO final yr. — Bernama pic

KOTA BARU, March 20 — The Finance Ministry (MoF) will start a collection of negotiations and affords to telecommunication firms that maintain fairness in Digital Nasional Berhad (DNB).

Communications and Multimedia Minister Tan Sri Annuar Musa mentioned the negotiation course of is predicted to be accomplished by June.

“MoF will take care of issuing affords to all firms with expertise in spectrum administration.

“If I’m not fallacious, there are seven or 9 firms which were given spectrums to handle the telecommunications service, so they’re provided to start negotiations and buy shares at decided costs and we hope they are going to expedite the negotiations,” he mentioned after presenting donations to Type Six college students from the Kereteh parliamentary constituency at the side of a Again-To-College programme right here immediately.

The federal government had beforehand determined to hold on with the implementation of 5G community by way of the Single Wholesale Community, and by offering alternatives to telecommunication firms holding fairness in DNB.

Finance Minister Datuk Seri Tengku Zafrul Aziz mentioned the Cupboard agreed that the federal government, which holds 100 per cent fairness in DNB, would supply as much as 70 per cent fairness to cell community operators. — Bernama



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