Govt picks Ericsson as 5G partner instead of Huawei

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Digital Nasional Bhd (DNB) has partnered with Ericsson (Malaysia) Sdn Bhd to accelerate the deployment of Malaysia’s fifth-generation (5G) network and ecosystem.This concludes the rigorous tender exercise initiated in March 2021, DNB, which is a government-owned special purpose vehicle set up to build, own and operate Malaysia’s 5G infrastructure, said in a statement yesterday.“The design and development of the national 5G network will be undertaken by Ericsson at a total cost of RM11 billion, including tower rental and fibre leasing.“Of that amount, more than 60 percent is expected to benefit bumiputera and other Malaysian contractors over the next 10 years,” it said. In addition, it said that DNB will securitise future cash flows from its wholesale business via sukuk programmes to finance all other network operating expenditures and to repay all vendor financing arrangements.…