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Safeguarding the road to 5G in Malaysia … but for whom?

Safeguarding the road to 5G in Malaysia … but for whom?
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

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Malaysia s Digi and Celcom close to merger deal - Developing Telecoms

Malaysia s Digi and Celcom close to merger deal - Developing Telecoms
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Celcom axiata bhdAxiata group bhdDigi comCelcom digiதிகி கம

Bursa Malaysia ends morning session on positive note tracking Asian shares | Money

KUALA LUMPUR, June 2 Bursa Malaysia finished the morning session on a positive note in line with Asian shares following the encouraging factory activities in countries such as China, coupled with the agreement reached by the Organisation of the Petroleum Exporting Countries (Opec) and non-Opec.

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Malaysia s Axiata, DiGi Com shares suspend trading ahead of material announcement

By Reuters Staff 1 Min Read KUALA LUMPUR (Reuters) - Malaysia’s Axiata Group Bhd and DiGi.Com Bhd suspended trading of their shares on Thursday, pending a “material announcement”, both telecommunication companies said in exchange filings. Last month, local newspaper The Star reported citing sources that talks have resumed between Telenor ASA, the largest shareholder in DiGi.Com, and Axiata for a merger between their mobile telecoms unit. Both parties had explored in May 2019 a potential non-cash combination of their telecom and infrastructure assets in Asia in a new entity, but called off the talks in September. Reporting by Liz Lee, Editing by Sherry Jacob-Phillips

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Axiata, Telenor in talks to form Malaysia s top mobile operator

4 Min Read KUALA LUMPUR (Reuters) -Malaysian telecoms company Axiata Group Bhd and Norway’s Telenor ASA are nearing a deal to combine their Malaysian mobile operations to create the country’s top player in the highly competitive sector. A woman walks past the Axiata headquarters building in Kuala Lumpur, Malaysia, October 1, 2019. REUTERS/Lim Huey Teng/File Photo The companies said on Thursday they were in advanced talks to merge Celcom Axiata Bhd and DiGi.Com Bhd, in which the parties would each own about 33.1%. “While the possible combination of Celcom and Digi has been on the cards before, drivers such as 5G rollout and the government’s decision to intervene has shaken up the industry recently,” said Mark Robinson, Asia Pacific head of TMT at Herbert Smith Freehills.

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