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KKR-backed OMS to reassess IPO plans in Malaysia

OMS has been a key player in Malaysia’s telecommunications sector, providing critical infrastructure to support the growing demand for mobile and internet services. The company’s strategic partnerships and investments have positioned it well in a rapidly evolving industry.

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Indonesian government postpones 5G spectrum auction amid low telco interest

The decision has been met with a mix of caution and relief from the telecommunications companies, which have expressed reservations about the high costs associated with acquiring spectrum licenses and the uncertain return on investment. Despite the government's push to advance digital infrastructure as part of its broader economic development strategy, the telcos’ hesitation highlights the need for a more conducive environment to stimulate interest in 5G technologies.

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