Malaysia

Auctioning 5G spectrum could see consumers paying higher prices: Annuar

Communications minister says Malaysia wants to ensure cheaper price than 4G

Updated 4 years ago · Published on 18 Nov 2021 12:44PM

Auctioning 5G spectrum could see consumers paying higher prices: Annuar
Multimedia Minister Tan Sri Annuar Musa says consultations between Digital Nasional Bhd and telecommunication companies will be mediated by the Malaysian Communications and Multimedia Commission, preventing the company from simply setting high prices on the 5G spectrum. – Bernama pic, November 18, 2021

by Arjun Mohanakrishnan

KUALA LUMPUR – The option to auction off the 5G spectrum to telecommunication companies (telcos) could result in consumers paying higher costs to subscribe to them, said Communications and Multimedia Minister Tan Sri Annuar Musa. 

Speaking at the Dewan Rakyat, Annuar said upon consultation with Digital Nasional Bhd (DNB), the price for the 5G spectrum is estimated to cost RM6 billion.

He noted that in other countries using the bidding or auction method, prices can even reach RM15 billion.

“If we use the auction system, the price will be passed on to consumers. The higher the price, the higher the amount the consumers would pay.

“Malaysia wants to ensure 5G is cheaper than 4G,” Annuar told the Dewan Rakyat during a question-and-answer session. 

He said consultations between DNB and telcos will be mediated by the Malaysian Communications and Multimedia Commission, preventing the company from simply setting high prices.

Additionally, Annuar contends that DNB’s utilisation of the multi-operator core network (Mocen) will see technology innovation at an unprecedented level.

“In other countries, Mocen usually involves two operators sharing one apparatus.

“During a demonstration I attended some days back, Malaysia recorded history by being the first (country) where Mocen can be shared by up to five operators,” Annuar said. – The Vibes, November 18, 2021

Related News

Malaysia / 2mth

MP to raise commingled oil cargo tax uncertainty in Parliament

Malaysia / 3mth

No discussions yet regarding general election – Zahid

Malaysia / 3mth

BNPL users hit eight million as outstanding balances reach RM5.3b

Malaysia / 4mth

Speaker reminds MPs not to skip parliamentary sessions

Malaysia / 4mth

Hamzah back in the saddle as opposition leader after brief shake-up

Malaysia / 4mth

Muhyiddin's seat in Dewan Rakyat moved to Block E

Spotlight

Opinion

Can Najib break Madani?

World

Trump offers UFC CEO the position of Press Secretary

Malaysia

Building a great nation begins with happy families, says Anwar

Malaysia

Anwar should sack BN ministers who are not aligned with him – Muhyiddin

Malaysia

AGC rejects claims of defying King’s decree on Najib

Malaysia

Deepavali: Selangor Sultan calls on Malaysians to strengthen unity, reject hatred

Malaysia

If there were still obstacles, why accept the RM50m payment, asks Najib’s daughter

Malaysia

Where did UMNO's RM50 million payment for Najib's release come from?

By The Vibes Says

You may be interested

Malaysia

Three Malaysians arrested in Mauritius over 76kg cannabis seizure worth RM9.87 million

Malaysia

Apandi questions Attorney-General's position on Najib's house arrest order

Malaysia

Why PM Anwar’s Waze ban is more than just a traffic move

Malaysia

Anwar comforts crying child, gives RM50 to replace broken toy car (video)

Malaysia

Najib's discharge order could trigger immediate transfer to Kajang prison, says Ramkarpal

Malaysia

Man jailed three months for possessing illegal lottery numbers on mobile phone

Malaysia

Woman jailed three months, fined RM5k for concealing birth, disposing baby's body

Malaysia

12,531 to cast early ballots as Melaka election enters crucial stretch

By Alfian Z.M. Tahir