PETALING JAYA: Malaysia’s four largest telecommunications firms are seeking a majority stake in a state 5G agency, countering a proposal by the government to offer them minority ownership, according to a letter sent by the firms to the Finance Ministry (MoF).
The four dominant providers – Celcom Axiata Bhd, DiGi Telecommunications, Maxis Bhd
and U Mobile – also want a review of the pricing model and network access plan offered by the agency, according to the May 9 letter seen by Reuters.
Their objections to the government’s proposal, which offered up to 70% of the country’s sole 5G network operator spread among a wider group of companies, raise the risk of delays as the government aims to wrap up discussions on the stake sales by end-June.
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