KUALA LUMPUR (April 28): DiGi.Com Bhd, the country's third largest mobile operator, announced that its chief executive officer (CEO) Albern Murty will be taking a temporary leave of absence effective immediately due to family health reasons and is expected to return in the second half of 2022.
KUALA LUMPUR (April 21): The recently announced tower acquisition by Axiata Group Bhd's 63%-owned tower company edotco an early mover advantage in the nascent and growing independent tower market in the Philippines, according to Moody's Investors Services as it affirmed the group's issuer Baa2 issuer rating, with outlook remaining stable.
The Malaysian Communications and Multimedia Commission (MCMC) has raised preliminary concerns about market competition that could arise from the proposed merger of the telco operations of Celcom Axiata Bhd and Digi.Com Bhd, and asked the two parties to submit comments, information and remedies on its assessment.
Trading of the securities in Axiata Group Bhd and Digi.Com Bhd has been suspended pending the release of an expected material announcement. This comes after Axiata and Digi.Com both requested a suspension of trading of their securities with immediate effect from 9am on Friday (April 1), according to the respective bourse filings.