Govt SPV to spearhead 5G infrastructure over 10 years

The provision of 5G infrastructure in the country will be led by a government-owned entity or Government of Malaysia Special Purpose Vehicle (GOMSPV) regulated by the Malaysian Communications and Multimedia Commission (MCMC).

In a statement today, Communications and Multimedia Minister Saifuddin Abdullah (above) said the provision and management of 5G infrastructure by GOMSPV involving an investment of RM15 billion over a period of 10 years would enable the distribution of 5G capacity to telecommunications companies (telcos) in a fair and transparent manner...