Malaysia's newly appointed Prime Minister Anwar Ibrahim said on Monday his administration will review a plan for a state-owned 5G network introduced by a previous government, as it was not formulated transparently.
Under the premiership of Muhyiddin Yassin in 2021, Malaysia unveiled a plan for a state-owned agency to own all 5G spectrum, with various carriers using the infrastructure to provide mobile services.from the country's major carriers over pricing, transparency and monopoly.
"It needs to be reviewed because it was not done in a transparent manner," Anwar said, without giving details. The government will also revise and improve the 2023 budget tabled in October, Anwar said. The budgetin parliament by the previous government, but was not passed due to the general election. Anwar was appointed premier by the king last month, after the election resulted in an unprecedented hung parliament. Anwar's bloc did not win a simple majority but he formed a coalition government with the help of other political blocs.Ahmad Zahid Hamidi, a co-deputy premier, is on trial over 47 charges of bribery, money laundering and criminal breach of trust. He has pleaded not guilty.
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