KUALA LUMPUR (April 8): Celcom Axiata Bhd, a unit of Axiata Group Bhd, is merging with Digi.Com Bhd to create the biggest mobile service provider in Malaysia, according to sources familiar with the telcos.
This time round, it is the merger of their operations in Malaysia, unlike the previous mega-merger plan in which Axiata and Digi.Com’s Norwegian parent Telenor ASA tried to merge their operations in the Asian region.
“The merger will bring in financial benefits, although each party will not hold a controlling stake in the merged entity … the merger should be evaluated in [terms of] the financial benefits,” said a source.
Axiata says in advanced discussions with Telenor on Celcom-Digi merger to create RM12 4b revenue company
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Celcom Axiata-Digi Com merger talks only for Malaysian ops, no plans to combine regional biz
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KUALA LUMPUR (April 7): The Malaysian Communications and Multimedia Commission (MCMC) said today the country’s 4G coverage had improved to 93.51% as at March 31, 2021 from 92.03% as at end-2020, putting the nation on track to reach its target of 96.9% coverage by end-2021 under the Jalinan Digital Negara (JENDELA) initiative.
JENDELA’s website indicates that the plan was formulated to provide wider coverage and better quality of broadband or high-speed Internet to the people while preparing the country for 5G technology.
At the MCMC’s virtual media briefing today in conjunction with JENDELA’s second quarterly report, MCMC chairman Dr Fadhlullah Suhaimi Abdul Malek said that in terms of fibre connectivity to premises, 5.7 million premises had been passed as at March 31, 2021, up from 5.4 million as at Dec 31, 2020.