U Mobile confirms DNB divestment for RM100,000

U Mobile to sell stake in DNB to focus on its own 5G infra

U Mobile has recently selected Huawei and ZTE as its key technology partners to build a new 5G network in the country In sum – what you need to know: U Mobile exits DNB to build its own 5G network – The telco will sell its stake in state-run Digital Nasional Berhad (DNB) and focus […]

U Mobile Sells Stake in DNB: A Strategic Shift in Telecommunications Partnership

read the original version on: www.retailnews.asia U Mobile has made a significant move in the telecommunications landscape by fully divesting its 16.28% stake in Digital Nasional Bhd (DNB), the state-owned provider of 5G wholesale services. The sale to existing shareholders netted U Mobile MYR 100,000 (around USD 23,176). Stake Sold at Nominal Price Recent filings reveal that CelcomDigi and Maxis, alongside […] The post U Mobile Sells Stake in D…

U Mobile confirms DNB divestment for RM100,000

The telco assures customers its 5G network will not be affected as it will continue to maintain its wholesale access agreement with Digital Nasional Bhd.

U Mobile exits DNB, sells stake for RM100,000 to MOF and MNOs

U Mobile is disposing its stake in Digital Nasional Berhad (DNB) before it begins the rollout of Malaysia’s second 5G network. Based on announcements made by CelcomDigi and Maxis via Bursa Malaysia, U Mobile is selling its entire stake (100,000 shares) in the nation’s first 5G wholesale network for RM100,000. Maxis, CelcomDigi and YTL will each acquire U Mobile’s 33,333 shares for RM33,333, while the Malaysian government via MoF Inc will acquire…

U Mobile To Divest Its Entire Stake In DNB Ahead Of Second 5G Network Rollout

U Mobile, which has been appointed to deploy the country’s second 5G network, has agreed to sell its entire stake in Digital Nasional Berhad (DNB). The orange telco’s stake will be taken over by rivals CelcomDigi, Maxis, and Yes 5G, as well as the Ministry of Finance (MOF). Both CelcomDigi and Maxis have filings with Bursa Malaysia revealing that U Mobile is selling its 100,000 shares in DNB at an aggregate sum of RM100,000, with an acquisition …