Winner of second 5G network to be known soon

CIMB Research anticipates a “knee-jerk reaction” in the stock market following the MCMC’s announcement.

PETALING JAYA: CelcomDigi Bhd, Maxis Bhd, and U Mobile Sdn Bhd are viewed as the top contenders for the second 5G network tender, according to CIMB Research.

Barring any delays, the research firm expects the Malaysian Communications and Multimedia Commission (MCMC) to announce the winner of the spectrum to roll out the second 5G network (under Entity B) next week, two months after submissions of applications by telecommunications companies (telcos) on July 31.