Business Tech

U Mobile exits SHA with DNB but maintains 5G wholesale Access Agreement while deploying Next Gen 5G Network

U Mobile has confirmed its exit from the Shareholders’ Agreement (SHA) with Digital Nasional Berhad (DNB), divesting its entire 100,000 shares in DNB for a total consideration of RM100,000. However, customers don’t have to be worried as the company will continue to maintain a 5G wholesale Access Agreement with DNB.

The latest announcement allows the company to offer commercial 5G services while deploying its own 5G network, ensuring a seamless 5G experience for its customers. Not forgetting, the company is expected to reach 80% Coverage of Populated Areas (CoPA) within 12 months during the roll out the nation’s Next Gen 5G Network.

Drop some comments here!

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from TrendGrnd

Subscribe now to keep reading and get access to the full archive.

Continue reading