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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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Targeted RON95 Subsidy Mechanism Still Being Refined


The Ministry of Finance (MOF) is still refining the mechanism for the targeted RON95 fuel subsidy, which is expected to be implemented by mid-2025. According to Muhammad Kamil Abd Munim, the Political Secretary to the Finance Minister, the MOF is actively engaging with stakeholders to ensure that the subsidy program is implemented smoothly without causing confusion or anxiety among the public.

During an appearance on Bernama TV’s Ruang Bicara program, Muhammad Kamil emphasized the importance of carefully examining the details of the subsidy to protect the welfare of deserving groups, ensuring they continue to receive the financial support they need.

The proposed targeted subsidy was announced by Prime Minister Datuk Seri Anwar Ibrahim in the 2025 Budget, with the aim of saving up to RM8 billion, as 40% of the RON95 subsidy currently benefits foreigners and wealthy individuals. The government remains committed to maintaining subsidies for the majority of Malaysians, similar to the approach taken with the targeted electricity subsidy.

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