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Axiata, Telenor in advanced talks to merge Malaysian mobile operations

The Straits Times
The parties are working towards finalising a deal to combine Celcom Networks and Digi.com.PHOTO: AFP
Updated31 min ago
https://str.sg/JCCk
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including the ST News Tablet worth $398. ....

Axiata Group , Celcom Networks , Celcom Digi , Bloomberg News , ப்ளூம்பெர்க் செய்தி ,

Axiata, Telenor Agree to Merge Malaysian Mobile Operations

Axiata, Telenor Agree to Merge Malaysian Mobile Operations
Bloomberg
1 hr ago
Elffie Chew, Yantoultra Ngui and Manuel Baigorri
© Bloomberg
Advertisements for Celcom Axiata Bhd., a subsidiary of Axiata Group Bhd., in Kuala Lumpur, Malaysia.
(Bloomberg) Axiata Group Bhd. and Norway’s Telenor ASA are in advanced discussions to combine their Malaysian mobile operations, which could create the country’s biggest cellphone operator by subscribers.
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The parties are working toward finalizing a deal to combine Celcom Networks Bhd. and Digi.com Bhd., according to a joint statement on Thursday. Axiata and Telenor will have an equal ownership of 33.1% each in the merged entity, Celcom Digi Bhd. The announcement confirms an earlier Bloomberg News report. ....

Kuala Lumpur , Celcom Axiata Bhd , Bloomberg Axiata Group Bhd , Axiata Group Bhd , Celcom Networks Bhd , Bloomberg Advertisements , Celcom Networks , Celcom Digi , Bloomberg News , குவாலா லம்பூர் , ப்ளூம்பெர்க் செய்தி ,

Telenor and Axiata lay out Malaysian merger plans

Developing Telecoms
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Negotiations over a potential merger of the Malaysian mobile operations of Axiata and Telenor are reportedly at an advanced stage.
According to Bloomberg, the parties are close to reaching an agreement to merge Celcom Networks and Digi. Malaysia’s Axiata and Norway’s Telenor would each retain a 33.1% stake in the merged unit, which would be branded as Celcom Digi and would become Malaysia’s largest mobile operator by subscriber numbers with 19 million, and a combined revenue of 12.4 billion ringgit ($3 billion). ....

Izzaddin Idris , Albern Murty , Asia Jorgen Arentz Rostrup , Idham Nawawi , Celcom Networks , Celcom Digi , ஆல்பர்ன் மூர்த்தி ,