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Celcom, LG UPlus & Media Prima collaborates on 5G contents & Services

Celcom, LG UPlus & Media Prima collaborates on 5G contents & Services
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Celcom, Digi to merge

under a new joint entity named Celcom Digi Bhd. Axiata said in a Thursday statement it has plans with Digi s parent, Telenor Asia, to merge the operations of the two telco firms and are aiming to finalise agreements over the proposed transaction within the second quarter of this year following due diligence. In the event of a successful merger, the parties will each have equal ownership of about 33.1% stake. The joint shareholding of Axiata with Malaysian institutional funds will be over 51% of the merged company, thereby safeguarding the national interest, it added. The company will continue to be listed on Bursa Malaysia as one of the largest technology companies in Malaysia with one of the largest market capitalisations on the exchange.

Kuala lumpurDatuk izzaddin idrisAlbern murtyJorgenc arentz rostrupCelcom axiata bhdTelenor asiaIdham nawawiAxiata group bhdAxiata groupCelcom digiBursa malaysiaMalaysian telcoCelcom digi bhdகுவாலா லம்பூர்ஆல்பர்ன் மூர்த்திடெலினர் ஆசியா

Idham Nawawi as CEO of newly merged Telco - Celcom Digi Berhad

Celcom and Digi to merge, Idham Nawawi as CEO in Celcom Axiata, DiGi 08/04/2021 Comments Off on Celcom and Digi to merge, Idham Nawawi as CEO Axiata Group and Telenor Asia have announced the merger of Celcom Axiata and Digi in Malaysia. The new company will be called Celcom Digi Berhad, with an equal ownership estimated at 33.1 percent each by Axiata Group and Telenor Asia. Idham Nawawi, the current CEO of Celcom Axiata will be appointed as CEO of Celcom Digi Berhad while Albern Murty (current CEO of Digi) will become Deputy Chief Executive Officer. Both Telco giants said that the merged company “will have the capacity to invest even more to provide better quality of service and at competitive rates. Customers also will be able to maintain their choice of mobile operator brand, as both Celcom and Digi brands will continue as is post-merger.”

Kuala lumpurDato izzaddin idrisAlbern murtyCelcom axiata berhadTelenor asiaIdham nawawiC arentz rostrupGhazzali sheikh abdul khalidAxiata group berhadInnovation centreMalaysian telcoChief executive officerDato izzaddinExecutive officerCelcom digi berhadBursa malaysia