Doubt over end-June deadline for telcos

There is also talk in the industry that the percentages in the DNB stake sale offered to telcos may not be substantial enough to equity account.It is said the government is offering the nine invited players about 7.8% equity stake each in DNB, which totals 70%. The government will hold the remaining 30% in DNB.

PETALING JAYA: Is there a possibility the end-June deadline for telcos to take a stake in Digital Nasional Bhd (DNB) will be extended to give the parties involved more time to negotiate a deal?

Or will the deadline remain as telecom players wait for changes to be made to the existing reference access offer (RAO) dated end-March for the provision of 5G wholesale access services?