"By 2030, the majority of the network will be on 5G, then there are enforced limitations on our existing assets," one of the sources said.Under the plan, DNB would hold all 5G spectrum rights as well as build and maintain the entire network, with operators using the infrastructure to provide mobile services.Maxis said in a statement that it has long been ready to roll out 5G in the country.
According to internal documents reviewed by Reuters, the carriers have asked for "extensive revisions" to DNB's pricing proposal, saying it did not demonstrate the cost efficiencies promised.The sources said the companies had also sought assurances that DNB would operate solely as a wholesale provider and would not reserve 5G capacity for itself or harbour any retail ambitions.
DNB said share prices of leading telcos have been stable since the plan's announcement eight months ago. DNB Chief Operating Officer Dushyan Vaithiyanathan said the plan would likely cost only around 16.5 billion ringgit, around half the 30-35 billion ringgit carriers would have needed to spend to build the 5G network themselves.
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