U Mobile promises better, more affordable services for Malaysians with second 5G network

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U Mobile promises better, more affordable services for Malaysians with second 5G network
Affordable5G NetworkVince Tan
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KUALA LUMPUR, Nov 10 — Following Tan Sri Vincent Tan’s statement defending U Mobile’s award for Malaysia’s second 5G network, the orange telco has issued a press...

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Adding on to their previous announcement, U Mobile says they are committed to local partnerships, and Straits Mobile Investment Pte Ltd has agreed to the strategic alignment of its shareholding ownership to 20 per cent. With the establishment of a second 5G network, the orange telco says Malaysia is moving away from a monopolistic model towards a comprehensive competitive landscape.

As mentioned by the Berjaya tycoon, U Mobile will carry out the implementation of the second 5G network without using public funds. The orange telco said it has robust financial backing from its shareholders, financial institutions such as UOB, CIMB and AmBank, as well as strategic vendor partners who will enable the telco to continuously innovate to stay competitive and to meet network deployment targets.

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Affordable 5G Network Vince Tan

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