Maxis ready to complete SSA process and get second 5G network rolled out in Malaysia

  • Decision will give more assurance to the rollout of a double 5G network.
  • 5G- Advanced ( 5.5G ) adoption among consumers, business and govt

Maxis believes operating its own 5G network will give the operator a competitive advantage in the market versus relying on the network provided by Digital Nasional Bhd.

Eventually, the end activity to the back and forth of Malaysia’s 5G network situation is in sight. The government relented from announcing in February 2021 that it would implement its second one wholesale network system for the 5G rollout, and it later agreed to a double wholesale network system in May 2023, but with some restrictions.

Maxis announced today that it is prepared to sign the Shareholders Agreement ( SHA ) with DNB and to complete the Digital Nasional Bhd ( DNB) share subscription agreement ( SSA ) process in accordance with the SSA’s terms.

Maxis ready to complete SSA process and get second 5G network rolled out in MalaysiaGoh Seow Eng ( pic ), CEO of Maxis, said in a statement,” We want to see an early conclusion to the SSA process as it will provide greater certainty to the nation’s dual 5G network rollout. To begin the transition to a twin 5G network, it is necessary and rational to complete the SSA process. In order to expand the country’s 5G plan and bring its monetary benefits to Malaysians at a faster rate, Maxis is fully prepared to begin building the next 5G network right away.

Maxis claimed that this puts it on record to complete its SSA process” also ahead of the time that the Minister of Communications, Fahrni Fadzil, announced, on June 2nd, and to join in the deployment of the following 5G system.”

Maxis emphasized that it entirely supports and is committed to the government’s two 5G network model’s timely implementation and looks forward to playing a significant role in advancing Malaysia’s online agenda as an effective and important participant in the upcoming phase of the country’s 5G rollout. This includes promoting 5G and 5G- Advanced ( 5.5G ) adoption and innovation among consumers, businesses and the government sector.