Malaysia’s 5G plans hit as two carriers decline stakes in state agency -sources

(Writes through with additional source comments)

KUALA LUMPUR/SINGAPORE, Aug 31 (Reuters) – Two of Malaysia’s
largest mobile carriers do not plan to take stakes in a
state-owned 5G agency, three people familiar with the matter
told Reuters – a setback that threatens to throw the country’s
5G rollout into further disarray.

The decision by Maxis Bhd and U Mobile has also
disrupted the government’s plan to sign agreements with other
carriers, said two of the people, who requested anonymity as
they were not authorised to talk about the private negotiations.

“(The parties) will have to try and restructure the deal,”
said one person.

The government had wanted six of the country’s mobile
operators to agree on taking a combined 70% stake in the agency,
Digital Nasional Berhad (DNB). Wednesday had been the deadline
for an…



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