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Axiata Group to seal Malaysia ops merger deal with Telenor in days
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Axiata: Due diligence for Celcom-Digi merger completed, to sign definitive agreements soon
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Statnetts nye konsernsjef skrev diplomoppgave om tungolje og atomkraft
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Firms/companies > T > Telenor
08 April 2021
Norwegian teleom operator Telenor Group and Malaysia’s Axiata Group Berhad are in advanced discussions regarding a potential merger of their Malaysian mobile operations Digi and Celcom, in which the parties will have an equal ownership of 33.1 per cent each.
The new company will be a leading provider of telecommunication services in the country, with competence and scale to meet increasing expectations and demand from a digitally connected society.
The parties aim to create a leading telecommunication service provider in Malaysia with the capabilities to drive research and innovation and facilitate a platform for accelerated digital growth in the local ecosystem and the merged company will be well positioned for delivering industry innovation, high-quality connectivity and a diversified value proposition to the customers, Teenor stated in a release.
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