- Thoroughly committed to 5G Dual Network design, ready to build Malaysia’s next 5G network
- All important elements of its modernised system are 5G- set – RAN, base and transfer
CelcomDigi Bhd announced today that it is prepared to begin the construction of Malaysia’s second 5G network and have completed the conditional Share Subscription Agreement ( SSA ). In a Bursa Malaysia filing, the Company said all conditions precedent in the conditional SSA it entered into with the Minister of Finance ( Incorporated ) ( MoF Inc ) and Digital Nasional Bhd ( DNB) on 1 Dec 2023 have been met. This statement confirms CelcomDigi’s determination to own DNB.
Prior to the completion of the SSA(s ), the Malaysian Ministry of Communications had previously stated that the selection process to build and operate Malaysia’s second 5G network would begin. In achieving this step, CelcomDigi is prepared to play a major role in shaping Malaysia’s 5G environment and continue its strong commitment to deliver 5G services to the state, in complete support of the Government’s perspective for the 5G Dual Network (5G DN) changeover.
” We are committed to making 5G a victory in Malaysia. With our best-value ideas, we have been promoting 5G implementation among consumers. Additionally, we have collaborated with a number of businesses on cutting-edge 5G options, most just enabling the first-in-the-region 5G network to be installed on an offshore oil and gas program. We have a proven track record and extensive network rollout knowledge in Malaysia. With our modernised, condition- of- the- art 5G- available and the country’s largest 4G and 4G network, we believe we are in the best position to lead the development of the second 5G network for Malaysia, and to promote online financial growth for the nation”, said CelcomDigi CEO, Idham Nawawi.  ,
” We are completely in favor of the government’s announcement regarding the effective application of the 5G two network model. In order to achieve a good, open, and consultative process, we will work closely with the government and the Malaysian Communications and Multimedia Commission (MCMC) on the two network transition plan for the next 5G network. We hope to achieve a result that equitably balances the impact on both the economy and the market, and that benefits both the government and industry as well as Malaysian consumers and businesses.
The company’s network integration and modernization program, which was completed by the company by mid-June 2024, is on schedule and is aiming to create Malaysia’s leading digital network. The main components of CelcomDigi’s modernized network are all 5G-ready, including the RAN, core, and transportation, to be commissioned for a standalone 5G and 5G network, which could produce one of the region’s largest 5G networks aimed at advancing Malaysia’s digital society.
For more information, please refer to the related Bursa Announcement here.