Tag: Telecom
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
