---
title: "U Mobile meets local shareholding requirements and is approved to advance the construction of Malaysia's second 5G network"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279757161.md"
description: "Malaysia's third-largest mobile operator U Mobile has met the local shareholding requirements and has been approved to advance the construction of its second 5G network. M1 Limited has acquired a majority stake in U Mobile, increasing its shareholding to over 50%, while STT's stake has been reduced to 20%. Aminah took over as chairman on March 13. U Mobile plans to launch 5G commercial services in August 2025 and has already obtained contracts for the construction of the 5G network"
datetime: "2026-03-19T09:25:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279757161.md)
  - [en](https://longbridge.com/en/news/279757161.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279757161.md)
---

# U Mobile meets local shareholding requirements and is approved to advance the construction of Malaysia's second 5G network

C114 News, March 19 (Yi Zhen) - Malaysia's third-largest mobile operator U Mobile has met the local shareholding requirements for the country's government 5G network construction and can officially advance the deployment of Malaysia's second 5G network. Malaysian company Mawar Setia has acquired a majority stake in U Mobile from Singapore Technologies Telemedia (STT), completing the takeover.

U Mobile stated in its announcement that Mawar Setia, controlled by Malaysian businessman Vincent Tan and Tunku Dato' Aminah, has increased its shareholding in U Mobile to over 50% through a share acquisition agreement; after the transaction, Singapore Technologies Telemedia's shareholding will be reduced to 20%.

On March 13, Aminah officially succeeded Vincent Tan as the chairman of U Mobile. Mawar Setia is a locally invested holding company in Malaysia.

Based on user connection statistics, U Mobile is the third-largest mobile communication operator in Malaysia. The company launched its 5G commercial services under the "Ultra 5G" brand in August 2025 and received a 5G network construction contract from the Malaysian Communications and Multimedia Commission in November 2024, a project that has sparked controversy in the industry.

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