Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring

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Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring
DNBMNOGobind Singh
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A man who attacked a Malaysian celebrity with an extendable baton during a fan meeting at the Singapore Expo in March 2023 was sentenced to two years, four months and two weeks’ jail on April 25.

KUALA LUMPUR: The appointment of Digital Nasional Bhd’s new board members marks a significant milestone as envisaged in the share subscription agreements signed on 5G network restructuring, said Digital Minister Gobind Singh Deo.

"There are two main phases to the transition. First, the DNB 5G network reaches 80 per cent coverage of populated areas and the participation of the MNOs in DNB. The minister highlighted the government’s aspiration as per the policy announcement that the SSAs, which are an integral process of the first phase, will enable the participation of all the MNOs in DNB as shareholders before the eventual shift to the Dual 5G Network.

"Upon the completion of the SSAs, it is envisaged that the MNOs will collectively subscribe 70 per cent equity in DNB , leaving MoF Inc with 30 per cent equity and a special share which will accord MoF Inc certain special rights for a stipulated period.

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