Business

5G roll-out will transform country’s digital economy: Annuar

Keluarga Malaysia Digital Economy Centre, Mercu Ekonomi Digital must be enhanced, says minister

Updated 4 years ago · Published on 14 Apr 2022 11:59PM

5G roll-out will transform country’s digital economy: Annuar
On February 22, Communications and Multimedia Minister Tan Sri Annuar Musa said the roll-out of the 5G network must be done accordingly to avoid losing potential investors. – Pixabay pic, April 14, 2022

PUTRAJAYA – The roll-out of the 5G network will transform the digital-based economy in the country, said Communications and Multimedia Minister Tan Sri Annuar Musa.

In this regard, he said institutions such as the Keluarga Malaysia Digital Economy Centre (PEDi) and the newly launched Mercu Ekonomi Digital (MEDi) needs to be further enhanced to support the digital-based economy.

“The 5G roll-out is now much more challenging and this 5G application will transform the country’s economy… a fully digital-based economy.

“Therefore, the Communications and Multimedia Ministry (K-KOMM) cannot be in uncertainty because we need to popularise this digital economy,” he told reporters after meeting the ministry’s staff in conjunction with the rebranding of K-KOMM here today.

On February 22, Annuar said the roll-out of the 5G network must be done accordingly to avoid losing potential investors.

The government had decided to maintain the implementation of the 5G network as a single wholesale network and offer telecommunications companies an up to 70% equity stake in Digital Nasional Bhd (DNB).

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the cabinet has agreed that the government, which now holds 100% equity in DNB equity, will offer up to 70% of the equity stake to mobile network operator telecommunications companies.

Meanwhile, Annuar said the rebranding of K-KOMM was implemented to avoid confusion between the ministry and the Malaysian Communications and Multimedia Commission.

Earlier, Annuar broke fast with K-KOMM staff and presented donations to 18 orphans from the Al-Kausar orphanage. – Bernama, April 14, 2022

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