{
Vincent Tan

People

}
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001122334455554433221100

U Mobile partners with Huawei and ZTE for Malaysia's 5G rollout

U Mobile has partnered with Huawei and ZTE to deploy Malaysia's 5G network using a dual model, with Huawei managing West Malaysia and ZTE overseeing East Malaysia. The company aims for 80% coverage in populated areas within 12 months, increasing to 90% the following year, while maintaining competitive wholesale rates similar to current operators. This strategy reflects Malaysia's distinct approach to 5G deployment amid global security concerns surrounding Chinese vendors.
Tech in Asia
Malaysian Ringgit United States Dollar ZTE Corporation Huawei Technologies CO. Ltd. MYS CHN Vincent Tan
Technology & Innovation, Market Report
04:50 16.04.2025

Temasek Sells Stake in U Mobile to Vincent Tan's Entity

Temasek Holdings is reducing its stake in U Mobile Sdn., a Malaysian telecom company that recently secured a significant 5G contract. The firm will sell part of its shares to an entity controlled by tycoon Vincent Tan and the Malaysian king’s daughter, lowering its ownership from 48% to 20%.
Bloomberg.com
Malaysian Ringgit Singapore Dollar Temasek Holdings Pte U Mobile Sdn. MYS SGP Vincent Tan
Finance & Economy, Market Report
04:13 06.12.2024
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