DNB rebuts FMM's RM50bil 5G deployment claim
Digital Nasional Bhd (DNB) said there was no government funding or guarantees that were anticipated or expected, other than an initial start-up investment of RM500 million.
KUALA LUMPUR: Digital Nasional Bhd (DNB) has clarified that the approved cost of the 5G network and infrastructure deployment is RM16.5 billion over the next 10 years, funded by revenues generated by the sale of 5G capacity mobile network operators (MNOs).
There was no government funding or guarantees that were anticipated or expected, other than an initial start-up investment of RM500 million, it added.
DNB was responding to comments made by the Federation of Malaysian Manufacturers (FMM) which reportedly said the previous government's 5G plans were to invest RM50 billion in the next 10 years and that a decade was too long.
"The network is on track to cover 80 per cent by 2024, including even more industrial zones throughout the country – as well as nearly 28 million people – within three years of becoming available in December 2021," DNB said.
The company said Malaysia's 5G network and infrastructure were being deployed on an accelerated schedule and presently covered 38 per cent of populated areas nationwide, including key industrial areas across the Klang Valley, Penang and Johor.
It said the public can view current 5G coverage areas on its Interactive Coverage Map, which already included parts of Negri Sembilan, Malacca, Perak, Kelantan, as well as Sabah and Sarawak.
FMM president Tan Sri Soh Thian Lai was quoted as saying at the recent FMM Industry 4.0 Conference 2022 that the government should have the 5G infrastructure ready in five years.
"Only then, will we be able to enhance more smart manufacturing."
Soh added that investors might reconsider investing in areas with limited 5G coverage, as Industry 4.0 uses big data analytics that relied on stable Wi-Fi, thus the government must implement 5G in all industrial parks with fast high-speed broadband.
To-date, five major mobile network operators - Celcom Axiata Bhd, Digi Telecommunications Sdn Bhd, Telekom Malaysia Bhd, U Mobile Sdn Bhd, and YTL Communications Sdn Bhd - have commenced retail 5G services to end users, following the execution of their respective access agreements with DNB on Oct 31 this year.
https://www.nst.com.my/business/2022/12/857549/dnb-rebuts-fmms-rm50bil-5g-deployment-claim
Singapore Investment
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
What do I fear?22 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
CICT 1Q2024 Business Updates2 days ago
-
-
-
-
-
-
-
-
-
Keyboarding Warriors3 days ago
-
-
-
-
Cory Diary : Portfolio updates4 days ago
-
-
-
Weekly Markets Outlook5 days ago
-
-
-
Portfolio Update5 days ago
-
-
-
-
-
-
-
-
-
Buying a home for face1 week ago
-
-
-
-
-
Finance Investment Movement 441 week ago
-
-
Market indeed coming down1 week ago
-
-
-
-
-
-
Banks and Miles Report – Mar 20242 weeks ago
-
Revisiting Bitcoin2 weeks ago
-
-
-
-
2024 (Portfolio Update)2 weeks ago
-
-
-
Retirement Journey Update for March 20243 weeks ago
-
-
-
1Q 2024 Investment Strategy Update3 weeks ago
-
-
Portfolio Summary for March 20243 weeks ago
-
-
-
Portfolio (March 30, 2024)4 weeks ago
-
-
-
QAF #77 - 2023 Annual Report4 weeks ago
-
Lentor Hills Residences4 weeks ago
-
Burnt out!4 weeks ago
-
-
-
Feb 2024 Expenditure4 weeks ago
-
-
Starting Our Second Property Cycle5 weeks ago
-
-
-
-
-
-
-
Feb 2024 Portfolio1 month ago
-
-
Summary of February 20241 month ago
-
The Market Is A Scam!1 month ago
-
-
-
-
-
-
-
-
-
Options Trading Journal Jan 20242 months ago
-
-
-
-
-
-
-
End of 2023 Review3 months ago
-
-
Year 2023 DIYQuant Portfolio Performance Report3 months ago
-
Monthly Summary of November 20234 months ago
-
3 Simple Poker Strategies for Beginners4 months ago
-
Migration of website5 months ago
-
-
Abandon REITS?5 months ago
-
-
-
-
-
-
-
-
-
August 2023 Portfolio Updates7 months ago
-
-
-
-
Hello SP Group, I'm Back!9 months ago
-
-
-
-
A New Light11 months ago
-
-
-
-
-
-
-
Demoralized1 year ago
-
2022 Thoughts, Hello 2023!1 year ago
-
Series of Defaults for Maple Finance1 year ago
-
Takeaways from “Sea Change”1 year ago
-
-
Greed is Coming Back1 year ago
-
-
-
-
-
-
-
-
-
-
-
What is Overemployment1 year ago
-
-
-
-
-
-
-
-
-
-
-