But the debate on the network has mostly centered around the purchase of equity in Digital Nasional by the nation’s carriers. Last week, YTL launched a 5G-ready mobile network plan, which offers average data charges of 30 sen per gigabyte, according to a statement. Digital Nasional needs as much as RM6 billion in terms of working capital facilities to roll out the planned 5G network, Marshall said. Digital Nasional is also planning a RM5 billion sukuk or Islamic bond to take over these short-term financing, Marshall added. The RM16 billion cost, outlined by Marshall, covers mainly 5G network equipment and infrastructure, of which Ericsson is a provider, according to Digital Nasional’s official website.

Source: The Edge Markets June 01, 2022 20:24 UTC