Maxis to sign 5G deal to launch services after Q3

Maxis to sign 5G deal to launch services after Q3

Malaysian operator Maxis announced it will sign an access agreement with state 5G wholesaler Digital Nasional Berhad (DNB) to advance the country’s 5G rollout and remain competitive against rivals who have signed.

The operator confirmed in a stock exchange filing that it would sign the agreement to launch 5G services commercially. Maxis was the last incumbent operator to sign up for the controversial state 5G strategy where all operators have access to the same network.

The next steps involve gaining shareholder approval for the deal at the operator’s next extraordinary general meeting in Q3 this year, and launching 5G services “soon after”.

Maxis detailed that it expects operating expenses of around MYR360 million (US$79 million) per year for access to DNB’s wholesale network product.

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