Malaysia to stick with sole 5G network, offer 70% stake to telecom players

Malaysia to stick with sole 5G network, offer 70% stake to telecom players

KL Tower in Kuala Lumpur, Malaysia.

Malaysia said on Wednesday it would offer up to 70% equity in wholly state-owned 5G agency Digital Nasional Berhad (DNB) to telecoms firms, amid concerns among wireless carriers that a single, shared 5G network could hamper competition.