U Mobile secures RM4.3 billion to accelerate 5G rollout across Malaysia

U Mobile has entered into a RM4.3 billion syndicated financing agreement with four major banks to support the nationwide deployment of its next generation 5G network. The participating financial institutions include CIMB, Maybank, AmBank, and UOB Malaysia. The facility is one of the largest syndicated financing deals undertaken by a non-listed company in Malaysia.

This 10-year facility will be used to support U Mobile’s capital expenditure (CAPEX) and working capital as it expands its next-generation standalone 5G network nationwide. U Mobile’s 5G rollout, which began in mid-2025, focuses on delivering both outdoor and indoor connectivity with enterprise-grade, 5G-Advanced capabilities.

With this funding boost, U Mobile is targeting 80% coverage of populated areas (CoPA) by the second half of 2026. The investment is also expected to strengthen the company’s ULTRA5G offering, especially for business-critical sectors such as manufacturing and healthcare. U Mobile aims to support the adoption of advanced technologies, including AI-driven solutions, by providing high-speed, low-latency connectivity across Malaysia.

As the newest standalone 5G network provider in the country, U Mobile positions this move as part of its commitment to advancing Malaysia’s digital economy and supporting nationwide digital transformation efforts.

While the financing does not directly impact consumer plans or prices, users can look forward to wider coverage, faster speeds, and overall better 5G performance in the coming year as the rollout progresses.

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