Finance Minister: Malaysia's RM15 bil 5G infrastructure cost to be borne by private sector

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Digital Nasional Berhad CEO had said in an interview that the govt will fork out RM15 bil for Malaysia's 5G rollout. Now the govt says the cost will be borne by the private sector.

. He said this during the 16th Kuala Lumpur Islamic Finance Forum yesterday.

He added that the government-owned special purpose vehicle , Digital Nasional Berhad will roll out Malaysia’s 5G network and they will be launching an open tender for the infrastructure development which will cost RM15 billion across 10 years. As mentioned by the MCMC, the 5G services will be offered through a wholesale model and it will betold Bernama in an interview

that the private sector will fund the government-driven 5G rollout. The approach of having a single government entity to handle the spectrum and infrastructure will reduce the burden of 5G investments from existing telcos, so that they can focus on improving their existing 4G networks under the JENDELA plan.in a recent interview that the government will fork out the RM15 billion to fund the 5G rollout. He said that this will be inclusive of maintenance charges and also capital expenditure.

The CEO said that the SPV is expected to spend about 25% of the RM15 billion in the first two years, followed by about 15%-20% in the next few years. He also told The Star that once the infrastructure building is completed in the urban areas, it will become less intense to rollout. He added that the focus is to achieve fast rollout while making sure Malaysia doesn’t compromise on 5G connectivity nationwide.

 

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This a real Joke. Owner who Invest said Gov Will Invest. Then Gov UTurn n said Private Co Will Invest. Better do spectrum auction. So Govt can make billion. Why want to enter Telco 5G bussiness. 5G Mainly for inds Use not phone user. Gov should focus jendela coverage for rakyat

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