MACC freezes personal, company bank accounts of Vivy Yusof, Fadzarudin Shah worth RM1.1m; seizes 11 handbags and luxe watch for FashionValet investigationLast week, MCMC announced that the second 5G network in Malaysia will be implemented by U Mobile.
“It does seem that U Mobile will be required to disengage from the special investment vehicle — Digital Nasional Berhad — which is responsible for building Malaysia’s first wholesale 5G network,” BMI said in its commentary. Spreading investments across two competing 5G networks raises the question of whether the telcos have the financial capacity to meet their ambitious coverage and deployment goals.
This financial pressure is compounded by delayed decision-making within key industry players, most notably Telekom Malaysia, which was excluded from the DNB project after shareholder approval issues, it added. Despite its bold appointment, U Mobile’s ability to shoulder the financial and technical demands of the project remains a point of concern, BMI noted.
However, its ability to attract sufficient local investment will play a pivotal role in the success of the venture.