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U Mobile’s Role in Malaysia’s 5G Expansion Aligns with Equity Standards

The appointment of U Mobile Sdn Bhd to establish Malaysia’s second 5G network adheres to the equity requirements under the network facility provider (NFP) and network service provider (NSP) licences, affirmed Communications Minister Fahmi Fadzil. Minister Fahmi clarified that under NFP and NSP licences, foreign equity is capped at 49%, and Bumiputera ownership must be at least 30%. U Mobile currently complies with these requirements, with plans to reduce foreign ownership to 20% to ensure stronger local investor control, which aligns with the licence conditions. On Nov 1, the Malaysian Communications and Multimedia Commission (MCMC) selected U Mobile for Malaysia's second 5G rollout. This decision drew attention, as U Mobile has a smaller subscriber base and less financial strength compared to larger players like Maxis Bhd and CelcomDigi Bhd. The selection process, Fahmi emphasized, was conducted through a "beauty contest" method by the MCMC, which assessed busi
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Manchester United Fires Erik ten Hag After Poor Start to Season

Manchester United has parted ways with manager Erik ten Hag following a disappointing start to the season, leaving the club languishing in 14th place in the Premier League. The decision comes after Ten Hag's side managed just three wins in their opening nine league games, with four defeats, including heavy losses to Liverpool and Tottenham. A 2-1 defeat to West Ham on Sunday proved to be his final game in charge.

Ten Hag, who joined United from Ajax in 2022, had won the League Cup in 2023 and the FA Cup earlier this year. However, the team has struggled to show signs of progress, and the Dutchman paid the price for United's poor start to the campaign, leaving them 12 points behind league leaders Manchester City.

"Erik ten Hag has left his role as Manchester United men’s first-team manager," the club said in a statement, expressing gratitude for his contributions and wishing him well for the future.

Ruud van Nistelrooy, one of Ten Hag's assistants and a former United striker, will take over as interim head coach while the club searches for a permanent replacement.

Ten Hag was initially tasked with revitalizing a club that has been in decline since the retirement of Alex Ferguson in 2013. Despite some early success, United failed to build on it, finishing eighth in the league last season, their worst in 34 years.

The club's new soccer leadership, led by Jim Ratcliffe, who recently took control of United's soccer operations, was reportedly dissatisfied with the team's progress under Ten Hag. The club is now in the process of appointing its sixth permanent manager since Ferguson's departure.

United's next game is a League Cup tie against Leicester at Old Trafford on Wednesday.

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