who was the stupid that say Digital Nadional Berhad will not ever be receiving taxpayer money to fund its operation?

just recently the MOF has Injected hundreds of million of ringgit into DNB after making heavy losses of over MYR1.2B in 2024.




CIMB Investment Bank Bhd (CIMB Securities) has maintained its OVERWEIGHT call on the telecommunications sector, highlighting CelcomDigi Bhd (CDB) as a key beneficiary of post-merger synergies and sustained earnings growth.

The research house reiterated its Buy call on CelcomDigi with a target price of RM4.25, projecting healthy earnings momentum in FY26–27 supported by accumulating cost savings and a strong rise in dividends alongside core earnings growth.

CIMB Securities said sector fundamentals remain underpinned by improving operational efficiencies and stable demand, although financial challenges at Digital Nasional Bhd (DNB) continue to pose near-term risks. For FY24, DNB reported a net loss of RM1.21 billion, largely due to lower revenue recognition, and recorded a net cash outflow of RM799 million despite modest capital expenditure. Net debt stood at RM4.43 billion at end-FY24, including lease liabilities and vendor financing, against a negative EBITDA of RM484 million.

The research firm noted that DNB has maxed out its RM1.5 billion revolving credit facility, which expires in November 2025, and is unable to secure new financing. To address liquidity constraints, CelcomDigi, Maxis, and YTL Power jointly provided RM350 million in non-interest-bearing shareholder advances (SHA) in mid-August 2025, with each contributing RM116.7 million, while the Ministry of Finance (MOF) injected an additional RM250 million funded via an existing shareholder loan.

CIMB Securities said DNB’s restructuring efforts are ongoing, with the submission of a Revised Business Plan (RBP) under the Dual Network 5G Policy to the Malaysian Communications and Multimedia Commission (MCMC) in April 2025. The plan includes measures to improve financial viability and seeks government assistance through long-term soft loans.

On October 29, the Minister of Communications issued a Ministerial Direction granting DNB 100 MHz of spectrum in the 3.3–3.4 GHz band and converting existing apparatus assignments in the 3.3–3.5 GHz and 700 MHz bands to spectrum assignments, which CIMB Securities said would lower DNB’s licence fee burden from RM100 million annually to RM100 million over 15 years.

These measures, the research firm added, signal continued government support and align with DNB’s restructuring framework. CIMB Securities estimated DNB’s cash cost could fall to RM1.1 billion in FY26, down from RM1.3 billion in FY24, assuming reduced staff costs, licence fees, and interest charges if soft loans are provided.

To cover operational expenses while limiting capital expenditure, 5G wholesale fees may need to average between RM270 million and RM290 million across the four access seekers, which the firm viewed as manageable.

CIMB Securities said the MOF is also considering exercising its put option to divest its stake in DNB by the end of 2025. Should this proceed, CelcomDigi, Maxis, and YTL Power may each pay approximately RM328 million to acquire the government’s stake and existing shareholder loans.

It projected that each telco would account for about 33.3% of DNB’s expected RM300 million net loss in FY26, which could reduce CelcomDigi’s and Maxis’s FY26 core net profit by 5% and 7%, respectively, though the impact would be non-cash in nature.

This post has been edited by NoNameSoldier: Nov 8 2025, 04:17 PM

thought Drum N Bass....

MAS, Sapura, DNB... many more

Everything that government runs always make a loss. No exception.

Want profit? Let it be run as a private organisation.

Yup.

Positions are filled according to race, seniority and connections. Songlap aside.

and so is BolehLand.

You know why heavy losses? Because they contracted the stupid ass expensive Ericsson network equipment. Cheap Huawei don't want to use

The ppl paying for new taxes, increased taxes, losing subsidies. Govt on the other hand losing billions by rescuing projects and glc

Then i rather the subsidies remained

This post has been edited by DarkAeon: Nov 8 2025, 06:02 PM

now the MNO going to bailout DNB end up don't know who own DNB for good

Because DNB supposed to be a monopoly like TM and TNB

But when gov introduce DNB2 of course DNB lose it market share and money

5g. companies boss enough money for 5g.

All are ATM for elites.

curious whose master plan was it.
Ahjib, thanos or PN

Kerajaan masa tu ikut cakap Joe bidin

Shhhh

Jgn...u tau, I tau, everybody tau

But we talak open this can of ulats

AI Overview
In March 2021, the Prime Minister of Malaysia was
Muhyiddin Yassin.
He held the position from March 1, 2020, until he resigned on August 16, 2021, after losing majority support in parliament. He was succeeded by Ismail Sabri Yaakob on August 21, 2021.

it's expected consequence when you setup second consortium to compete with DNB. initial formula is based on SWN in terms of cost and revenue.

but when you introduce another player, the cost remain the same, but the revenue will drop because you lost market share to competitor.

Unlike other industries, you cant simply reduce or provide smaller coverage. especially when you already commit to provide as wide coverage as possible.


it was another GST moment for PH.

all MNOs were condemning the SWN and DNB .. yet the prick still go ahead with it..

so what shit you are putting the blame to PH

actually this is false, especially comparing the low frequency band apple to apple comparison
5g nr low frequency offer better latency, faster speed, more users per cell tower antenna, better connection for far end coverage

most of the marketing is only in the big stuffs that 5G can do because it generate more hype
what really 5G nr can do is to cover rural housing when fiber and copper infrastructure is expensive

u percaya BMX ah? lol