corporate

U Mobile says its ready to take stake in DNB to enable transition to dual 5G network

KUALA LUMPUR: U Mobile is ready to complete the share subscription agreement (SSA) process with Digital Nasional Bhd (DNB) to enable the transition to the nation's dual 5G network model.

The company said it is well-positioned to roll out the second 5G network if need be, solely to help the government realise its ambition of having two 5G networks to drive competition.

This will also ensure the sustainability of the telecommunications ecosystem in Malaysia, it said in a statement.

U Mobile chief executive officer Wong Heang Tuck said as the company progresses to its next phase of growth, it is committed to signing the shareholder agreement with DNB upon the completion of the SSA process.

"In our quest to become Malaysia's favourite digital services partner, U Mobile has a proven track record of leading the industry on the value and innovations front," Wong said.

"As we progress to our next phase of growth, we are committed to sign the SHA with DNB upon the completion of the SSA process and are well-equipped and ready to roll out the second 5G network," he said.

Meanwhile, Wong said U Mobile is in an optimal position to roll out the second 5G network, as apart from its expertise and experience.

He also said that the company is accustomed to leveraging the latest technology to drive 5G adoption and to showcase the economic benefits that the technology will bring to consumer, business, and the public sector.

"Apart from that, we will also explore use cases to demonstrate the benefits of 5.5G as part of our efforts to support the country's digital roadmap," he added.Ends

Most Popular
Related Article
Says Stories