Measured deployment

The Malaysian telecoms regulator, the Malaysian Communications and Multimedia Commission (MCMC), has yet to issue any spectrum for 5G although it has identified several bands, including 3.5GHz for 5G. But players are ready to roll out 5G in select locations as they conducted various tests last year.

PETALING JAYA: Telecoms companies that roll out 5G in Asean will have no major revenue opportunity in the next three years, as deployment will be more measured.

“We see most risk in Thailand, where telcos may jostle for 5G leadership, and slight earnings dilution in Malaysia. 5G may be slightly positive for Singapore telcos as it may help stabilise competition.