The number of characters in the field must be at least 4
5G can help local operators save billions, says Tengku Zafrul

5G can help local operators save billions, says Tengku Zafrul

The 5G network of Digital Nasional Bhd (DNB) will allow MNOs to operate as mobile networks (MNOs) operating in the Malaysian telecommunications sector to save around RM30 billion in construction costs for infrastructure in the coming 10 years, Malaysia's Finance Ministry announced.

This will allow MNOs to concentrate on improving the quality of 4G services as well as offering innovative and valuable 5G-related services that will benefit both people as well as businesses, said Finance minister Tengku Zafrul Aziziz,report by online casino malaysia minimum deposit rm10.

Five MNOs five MNOs - Celcom Axiata Bhd, Digi Telecommunications Sdn Bhd Telekom Malaysia Bhd (TM), U Mobile Sdn Bhd and YTL Communications Sdn Bhd (YES) have concluded 5G access agreements with DNB at the end of October 31. Tengku Zafrul has described the agreement as a major achievement in helping carry out the country's 5G strategy to ensure long-term digital economic growth.

In the event of five MNOs that provide wholesale access via DNB customers, they will be able to benefit from speeds and connectivity to 5G with more ease for a reasonable cost the minister said in an announcement.

Tengku Zafrul said the cost for developing the 5G network will be RM16.5 billion in a period of 10 years with no government funds or guarantees, other than an equity investment of RM500 million to begin DNB's operation. He added that DNB is determined to speed up the 5G network as well as infrastructure development. The 5G network currently covers over 11 million people in Malaysia which is greater than 33percent coverage for dense areas.

At the end the month of August, DNB is on track to achieve around 90% coverage in urban regions by 2024's end according to the official. He further stated that the introduction of 5G-related services will boost productivity, efficiency and creativity and is anticipated to create 750,000 jobs with high-skilled skills and create RM650 billion in total gross domestic product through 2030.