Malaysian 5G wholesale operator Digital Nasional Bhd (DNB) said on Thursday that four of five telco investors have met the deadline to complete their Share Subscription Agreements (SSAs), paving the way for the launch of a second 5G operator.
Dito Telecommunity celebrated reaching 13 million subscribers as of this month (October), and CEO Eric Alberto claimed the challenger operator will achieve profitability within a few years.
The parent companies of Indonesian telcos XL Axiata and Smartfren have reportedly asked permission from telecoms regulator KemKominfo to carry out a long-planned merger of the two companies – and seem likely to get it.