Having received much criticisms on releasing competitive data plans but not improving its network quality in the nation, U Mobile is finally expected to invest over RM5 billion on improving its network infrastructure, as it has successfully acquired a 3-year RM1 billion loan facility from United Overseas Bank that will fund its various capital expenditure programs, it is one of the largest credit facility ever signed in the country.
Over the past few years, the aggressive telco has been disrupting the telco industry with its affordable unlimited data plans, not only it influences other telcos to follow suit, it also led to the fast growth of its subscriber base, which has crossed the six million mark at the end of last year. The telco’s most recent plans, the Giler Unlimited GX50 Postpaid and GX30 Prepaid, have also challenged the industry once again with its affordability and features, even though the plan’s compromises and its network quality continues to be a concern for many users.
Last year, the telco ended its 3G RAN sharing agreement with Maxis and launched its new 900MHz spectrum, and we are already expecting the expansion to happen sooner or later, the injection of the credit facility will no doubt speed up the telco’s expansion plans to enhance customer experience.
No expansion roadmap has been shared by the telco yet, and let’s hope the service improvements will happen soon enough.