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New CEO reveal for DNB expected after agreement signing | Scoop
Fahmi Fadzil (second from left), after the launch of the Malaysia Digital Expo, says he anticipates announcing the new DNB CEO either during or shortly after the signing of the share subscription agreement. – Scoop pic, September 25, 2023
News

New CEO reveal for DNB expected after agreement signing

Final stages of share subscription agreement anticipated to be completed next week

Bernama
Updated
1:22 PM MYT

 

PETALING JAYA – The new chief executive officer (CEO) of Digital Nasional Bhd (DNB) is expected to be announced after the share subscription agreement is signed. 

Communications and Digital Minister Fahmi Fadzil said Treasury Secretary-General Datuk Johan Mahmood Merican and Communication and Digital Secretary-General Datuk Mohamad Fauzi Md Isa, who co-chaired the 5G task force meeting, will oversee the final aspects before the signing is carried out.

“I have notified all the CEOs of mobile network operators (MNOs) about finalising the share subscription agreement signing, hopefully within next week if everything goes well.

“We will also notify the media when the signing will take place, after all MNOs who attended the meeting have taken up their equity.” I think perhaps during or just after the signing (we will announce the CEO), hopefully,” he said during a press conference after the launch of the Malaysia Digital Expo here today. 

Fahmi had previously said that all telecommunications companies had agreed to sign the access agreement to provide 5G service, but the matter of DNB share ownership had yet to be announced.

On July 21, Fahmi said CelcomDigi, Maxis, Telekom Malaysia (TM), U Mobile, and YTL Communications would finalise talks on equity holdings in DNB soon.

This would further support the development of the 5G network until coverage reaches 80% of populated areas by the end of this year. – September 25, 2023

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