Malaysia sticks to its guns despite telco demands as 5G deadline looms

Tengku Datuk Seri Zafrul Abdul Aziz

KUALA LUMPUR (The Straits Times/ANN): Malaysia is playing hardball to finalise ownership of its 5G infrastructure vehicle within a fortnight, as it seeks to narrow the gap with regional competitors who have already deployed the super-fast next-generation mobile network.

Ahead of a June 30 deadline, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz told The Straits Times that foreign investors have expressed interest in taking up a stake in state-owned Digital Nasional Bhd (DNB).