U Mobile Inks Financing Deal With CIMB For Second 5G Network Rollout

Quick Summary:

U Mobile Sdn Bhd has signed a memorandum of understanding (MoU) with CIMB to secure financial support for its upcoming 5G network rollout.

This partnership builds on previous collaborations between the two entities, where the bank previously facilitated a financial facility of RM1.2 billion to the telco back in 2021, which was later upsized to […]

The post U Mobile Inks Financing Deal With CIMB For Second 5G Network Rollout appeared first on Lowyat.NET.

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Article Details

Author / Journalist: Heirul Kamel

Category: Technology

Markets: Malaysia

Topics: Telco CIMB Second 5G Network Collaboration Partnership MOU U Mobile

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 06:17:54 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: lowyat.net

Language: English

Article Length: 222 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Lowyat.net

News ID: 25170267

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