How consumers and businesses will gain from Malaysia's second 5G network

The telecommunications landscape in Malaysia is on the brink of a significant transformation with the introduction of a second 5G network. This strategic move is poised to bring substantial benefits to both consumers and businesses, enhancing service quality, fostering competitive pricing, and driving innovation across various sectors.

Enhanced Service Quality and Competitive Pricing

The introduction of a second 5G network is expected to create a more competitive environment among service providers. According to Assoc Prof Ooi Boon Yaik from Universiti Tunku Abdul Rahman, "With a second 5G network, end-users can expect better service at competitive prices". This competition will push providers to improve their offerings, ensuring that consumers receive high-quality services at more affordable rates.

Driving Innovation and Economic Growth

The second 5G network will not only benefit consumers but also stimulate economic growth by fostering innovation. U Mobile, a key player in the telecommunications sector, has expressed its readiness to roll out the second 5G network, emphasizing its commitment to driving 5G adoption and showcasing the economic benefits of the technology. The company’s CEO, Wong Heang Tuck, stated, "We believe we are in an optimal position to roll out the second 5G network, leveraging the latest technology to drive 5G adoption and demonstrate its benefits to consumer, business, and public sectors".

Expanding 5G Coverage and Infrastructure

The Malaysian Communications and Multimedia Commission (MCMC) has been tasked with appointing a mobile network operator to develop the second 5G network. This initiative aims to enhance 5G coverage, create healthy competition in the telecommunications sector, and ensure good pricing and quality of 5G services for the public. The transition to a dual network model is seen as a move to dismantle the monopoly of Digital Nasional Berhad (DNB) and open up opportunities for other players to roll out the 5G network using their existing infrastructure.

Benefits for Businesses and Technological Advancements

Businesses stand to gain significantly from the second 5G network. The increased competition will lead to more innovative solutions tailored to business needs, enhancing operational efficiency and productivity. The second 5G network will also support the development of mission-critical applications such as remote driving and smart city initiatives, further driving technological advancements.

The introduction of a second 5G network in Malaysia is a pivotal step towards a more competitive and innovative telecommunications landscape. By enhancing service quality, fostering competitive pricing, and driving technological advancements, this move will benefit both consumers and businesses, contributing to the overall growth of Malaysia's digital economy.