Gobind said the latest DNB board appointments is an important step towards dual 5G network model. A meeting will be held soon to review due diligence findings.
between 5 major telcos and the 5G single wholesale network. To recap, 5 telcos signed the SSA on 1 December 2023 to collectively acquire a 70% equity stake in DNB.announced on 3 May 2023 to move from a Single Wholesale Network 5G model to a Dual Network 5G network model.There are two phases under the transition towards a Dual Network model.
According to Gobind, it is 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 telcos in DNB as shareholders, before the eventual shift to the Dual 5G network., the new reconstituted board of DNB will convene a meeting soon, to among others, review the due diligence findings, and work towards the fulfilment of the remaining conditions precedent and the completion of the SSAs.
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