Former PLUS Managing Director and CEO, Datuk Azman Ismail is speculated to be the new CEO of Digital Nasional Berhad. MOF is expected to announce the new chief for the 5G network this week.
Managing Director and Chief Executive Officer Datuk Azman Ismail will be appointed the next CEO of the 5G Single Wholesale Network.
Quoting a source close to the matter, The Star reported that the Finance Ministry is likely to announce the appointment sometime this week. DNB is a special purpose vehicle under the Ministry of Finance that manages and operates Malaysia’s national 5G network. Datuk Azman is expected to take over the top job at DNB which was left vacant afterto December 2022. Prior to that, Datuk Azman had a 30-year career at Shell where he held several positions covering operations, retail and finance.
At the moment, DNB is mandated to achieve 80% 5G population coverage by the end of this year with a total of 7,509 5G sites. As of the end of September, DNB has claimed to achieve 70.2% 5G population coverage with 5,873 5G sites. In terms of 5G adoption, there are close to 2.5 million subscriptions which translates to 7.4% penetration in Malaysia.and the second network could be established once DNB has achieved its 80% population coverage target.
Before the change of government late last year, a total of four telcos – Celcom, Digi, TM and YTL Communications, signed a conditional SSA with DNB. After the policy change from a Single Wholesale Network to a Dual network, the publicly listed telcos such asFahmi: New DNB CEO to be announced after telco signs equity deal, hopefully within next weekOctober 4, 2023
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