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Axiata, Norway's Telenor in advanced talks to merge Malaysian mobile operations
If successful, merged entity - Celcom Digi - will have 19 million mobile subscribers against rival Maxis's 9.7 million; pro forma revenue estimated at US$3 billion
Published Fri, Apr 9, 2021 · 05:50 AM
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Singapore
MALAYSIAN telecommunications conglomerate Axiata Group and its Norwegian counterpart Telenor Group on Thursday announced that they are in "advanced discussions" regarding a potential merger of their Malaysian mobile operations Digi and Celcom.
The merged entit…
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