U Mobile now majority Malaysian-owned, Tunku Tun Aminah appointed Chairman - SoyaCincau

U Mobile now majority Malaysian-owned as Mawar Setia takes over 50% stake. Mawar Setia is a holding company founded by Tan Sri Dato’ Seri Vincent Tan and YAM Tunku Tun Aminah.

SoyaCincau
Singapore's ST Telemedia sells "majority stake" in U Mobile to Mawar Setia Sdn Bhd - SoyaCincau

U Mobile's foreign ownership will soon be reduced from 48% to 20% as ST Telemedia is selling a "majority stake" in the telco to Mawar Setia Sdn Bhd.

SoyaCincau

U Mobile eager to work with CelcomDigi and TM to build second 5G network, to reduce foreign majority shareholding to 20% #5gmalaysia #celcomdigi #digitalnasionalberhad #huawei #mcmc #news #second5gnetwork #sttelemedia #telco #tm #umobile

https://soyacincau.com/2024/11/02/u-mobile-thanks-malaysia-govt-second-5g-network/

U Mobile to work with CelcomDigi and TM for second 5G network

U Mobile thanked the govt for being selected to rollout Malaysia's second 5G network. It is eager to work with MCMC, CelcomDigi, TM and Huawei for 5G rollout.

SoyaCincau