DNB board to meet next week, to moot second 5G network directions: Gobind

 

Digital Nasional Berhad’s (DNB) newly appointed board of directors will convene a meeting next Tuesday to look into the due diligence report regarding the 5G share sale agreement (SSA), before making any recommendations on the directions of the second 5G network, said Digital Minister Gobind Singh Deo.

“There is this whole process of due diligence that has been done, it is (now) for them to study the report that is put forward, and for them to decide the direction things will take after this.

“The time frame set, I believe, is 20 days after they have looked at the due diligence report. We will take it one step at a time,” Gobind said after witnessing the signing of a memorandum of understanding between DNB and Ericsson with enterprise partners to advance 5G for enterprises at DNB’s headquarters in Kuala Lumpur today.

The minister highlighted that the directors will have a look and examine the due diligence report on the SSA before coming up with recommendations on the way forward after the stipulated period.

The new board members of DNB include CelcomDigi’s (Infranation Sdn Bhd) Kamal Khalid, Maxis Broadband Sdn Bhd’s Uthaya Kumar K Vivekananda, U Mobile Sdn Bhd’s Chang Yit Fei and Tan Kok Leong, Telekom Malaysia Berhad’s Nik Azli Abu Zahar and Mohamed Tajul Mohamed Sultan; and YTL Power International Berhad’s Yeoh Seok Hong and Fadhlullah Suhaimi Abdul Malek.

The new members will join two incumbent members Johan Mahmood Merican and Ma Sivanesan Marimuthu.

According to Gobind, the government’s position is clear that the second 5G network would be introduced after certain pre-conditions of the SSA between mobile network operators and DNB have been met.

“The latest pre-condition that has been met was the appointment of the directors, which was done last week, and of course, the next step is for them to have the meeting,” he said.

- Bernama