KUALA LUMPUR, November 11 – U Mobile has announced a strategic shift to enhance local ownership, aligning Straits Mobile Investment’s shareholding to 20% in a move to advance Malaysia’s second 5G network rollout. With the endorsement from the Malaysian government and the Malaysian Communications and Multimedia Commission (MCMC), U Mobile is poised to lead a transformative effort to expand 5G connectivity nationwide, strengthening Malaysia’s telecommunications infrastructure.
U Mobile’s extensive network investments, totaling over RM5 billion and covering 95% of Malaysia’s population, equip it well for the task. As a consistent champion of affordable connectivity, U Mobile intends to continue offering competitive 5G services that are up to 25% more cost-effective than market counterparts. This commitment to affordable, quality access has established U Mobile as a key player in bridging Malaysia’s digital divide and enhancing consumer choice.
With robust private-sector backing from financial and vendor partners, U Mobile is well-positioned to achieve rapid 5G deployment without relying on public funds. This approach supports healthy competition, which industry experts believe will lead to more innovative, affordable, and inclusive digital services, ultimately advancing Malaysia’s telecommunications landscape.
