YTL Power, CelcomDigi, Maxis, U Mobile complete SSA with DNB, MoF inc.

YTL Power International Bhd managing director Datuk Yeoh Seok Hong

KUALA LUMPUR: Four mobile network operators (MNOs) have announced the completion of a share subscription agreement (SSA) with Digital Nasional Bhd (DNB) and the Ministry of Finance Incorporated (MoF Inc.) after fulfilling all the conditions in the conditional SSA.

The parties, namely YTL Power International Bhd, CelcomDigi Bhd, Maxis Bhd and U Mobile Sdn Bhd, entered into the conditional SSA on Dec 1, 2023, to pave the way for the transition to the 5G dual wholesale network (DWN) model.