TA Research said that existing shareholders of DNB will continue focusing on infrastructure expansion and implementing cost optimisation initiatives.
PETALING JAYA: The divestment of U Mobile Sdn Bhd’s equity in Digital Nasional Bhd (DNB) comes as no surprise, as U Mobile is required to exit DNB following its successful bid to implement Malaysia’s second 5G network, says TA Research.
The Ministry of Finance (Inc) (MoF Inc), CelcomDigi Bhd
, Maxis Bhd and YTL Power International Bhd have agreed to acquire all 100,000 of U Mobile’s shares in DNB for RM1 per share.
