Thursday 28 Mar 2024
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KUALA LUMPUR (Feb 19): The government will invest a total RM15 billion via a special purpose vehicle (SPV) over a period of 10 years for the purpose of a nationwide roll-out of 5G, with licensed telecommunications companies (telcos) provided with equal access to infrastructure.

Under the MyDigital blueprint, Prime Minister Tan Sri Muhyiddin Yassin said the SPV will be given the relevant spectrum to own, execute and manage 5G infrastructure.

“Insyallah, all licensed telecommunications companies will receive equal access in marketing their 5G services to their customers. The sharing of infrastructure cost will allow telcos to generate higher returns and therefore will be able to provide better and cheaper 5G services to customers,” he said.

He said Malaysians will be able to enjoy 5G access by year end in phases.

Read more stories on MyDigital here.

Edited ByLam Jian Wyn
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