Tag: Axiata
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
Norwegian Telenor and Malaysian Axiata Group have secured regulatory clearance to merge their local telecommunications units Celcom Axiata and DiGi.Com. The proposed tie-up aims to create a stronger market leader in Malaysia's competitive telecom landscape, with an estimated enterprise value of $15 billion and potential to reshape the industry's competitive dynamics.
- EXCERPT: Provides context, highlights main parties, deal value, and strategic intent within 100 words
Axiata confident of delivering dividend target of 20 sen per share...
Telecommunication giant Axiata Group Bhd is confident in achieving its dividend target of 20 sen per share by 2024. CEO Datuk Izzaddin Idris highlights the company's strategic shift towards becoming a high-profit organization, supported by robust financial foundations and focus on digital transformation.
