However, the investment bank maintained a ‘neutral’ call for the sector amid cautious mode due to uncertainties about the progress of the 5G dual wholesale network’s business plan, a lack of growth drivers, and high operational costs resulting from ongoing tech refresh and site modernisation exercises.“There could also be regulatory risks as the government pushes for lower-priced mobile connectivity,” it said in a research note.
SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year.