BUSINESS

Petronas 5g Private Network Sets Tone For Exploration Of 5g Potential

06/10/2023 12:36 PM

KUALA LUMPUR, Oct 6 (Bernama) -- The deployment of the Petronas 5G Private Network sets the stage for a dynamic partnership between the government, private sector and academia, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

He said the collaboration will create an environment where innovation thrives, allowing the nation to harness the complete capabilities of 5G technology while presenting an opportunity for collaborative efforts to fully unlock the potential of the technology.

“Additionally, the core focus will be on nurturing local talent, ensuring that our workforce possess the skills and expertise necessary to propel our digital future forward," he said in his keynote address during the launch of Petronas’ first commercial 5G Private Network today.

Also present was Communications and Digital Minister, Fahmi Fadzil. 

According to Fadillah, Malaysia will remain committed to substantial investments in digital connectivity infrastructure in pursuit of leveraging technology for innovation and societal advancement.

“The implementation of Petronas 5G Private Network serves as a testament to our commitment to remain at the forefront of technological advancement.

“As a national champion and a prominent global player in the energy sector, Petronas exemplifies a compelling standard by recognising the transformative potential of 5G," he added.

The Petronas 5G Private Network, in collaboration with the Malaysian Communications and Multimedia Commission, will see the deployment of 5G network at the Regasification Terminal Sungai Udang (RGTSU) facilities in Melaka.

Fadillah noted that faster and more reliable connectivity empowers businesses to streamline operations, develop new services and expand their reach, both locally and globally.

“Moreover, the increased efficiency and effectiveness that 5G offers result in cost savings and improved competitiveness, ultimately contributing to economic growth and prosperity for Malaysia," he said.

He also highlighted that as of September 2023, Malaysia's 5G network coverage in populated areas stood at 70.2 per cent, with 5G subscriptions totaling 2.49 million, translating to a penetration rate of 7.4 per cent.

“We are on track to achieve the target of 80 per cent 5G network coverage in populated areas by the end of 2023 before transitioning from the single wholesale network to a dual network model," he added.

-- BERNAMA

 

 


 


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