Fitch unit: Dual 5G networks could force Malaysia’s telcos to blow investment projections

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KUALA LUMPUR, Nov 7 — Malaysia’s recent appointment of U Mobile as the lead developer for the country’s second open-acce...

This financial pressure is compounded by delayed decision-making within key industry players, most notably Telekom Malaysia, which was excluded from the DNB project after shareholder approval issues, it added.

BMI went on to say that smaller telcos like U Mobile, which accounts for less than 10 per cent of the market share as of mid-2024, may find it particularly difficult to raise the necessary capital without significant backing from larger investors.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: BMI Telcos U Mobile 5G Fitch

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 11:05:47 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 585 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 23458913

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About Malay Mail

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Official Website: malaymail.com

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Year Established: 1896

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