Mobile network operators Celcom Axiata Bhd, Digi Telecommunications Sdn Bhd, Maxis Bhd, and U Mobile Sdn Bhd would like to discuss and seek input from the government on the details of the proposed equity stake offer with regard to the Single Wholesale Network (SWN) model for 5G.
The group, in a joint statement, said they were keen to collaborate with the Finance Ministry and the Multimedia and Communications Ministry to explore the offer further.
“With reference to the recent announcement by the government on maintaining the SWN model for 5G, we have officially expressed interest to the Finance Ministry and Communications and Multimedia Ministry to further understand and explore the equity stake offer in Digital National Bhd (DNB) and the process moving forward,” they said in a joint statement.
"We are keen to collaborate with the two ministries and look forward to an approach that is typical of any major merger and acquisition process.
"We have recommended to set up project teams to align on processes such as due diligence, transaction timelines, and other administrative matters."
They also said they remain committed to playing an active role in 5G implementation and in realising the nation’s digital ambitions.
“5G will bring significant benefits to businesses, customers, and the government in strengthening Malaysia’s competitiveness in the region,” they added.
- Bernama
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