Axiata, Telenor wrap up merger in Malaysia
Axiata and Telenor completed the merger of their units in Malaysia with both companies taking a 33.10% stake in the newly formed Celcom Digi.
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Axiata and Telenor completed the merger of their units in Malaysia with both companies taking a 33.10% stake in the newly formed Celcom Digi.
Digi.Com Berhad (Digi), a Malaysian subsidiary of Telenor Group and Axiata Group Berhad have received approval from the Malaysian Communications and Multimedia Commission (MCMC) on the merger of Celcom and Digi’s telecom operations (MergeCo).
Telenor Group, the major shareholder in Total Access Communication Plc (DTAC), insists it has no plans to leave Thailand and is optimistic the planned merger with True Corporation will be completed in July.
(Oslo/Singapore, 29 June 2022) Telenor Group's Malaysian subsidiary Digi.Com Berhad ("Digi"), and Axiata Group Berhad announced today that they have received a Notice of No Objection from the Malaysian
Investegate announcements from Telenor, Celcom-Digi receives regulatory clearance to move forward with merger in Malaysia