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Axiata mulls Malaysia, Indonesia mergers after failed deal with Telenor

Wednesday 18 September 2019 | 09:50 CET | News
Axiata is seeking merger deals in Indonesia and Malaysia. The company expects to see mergers happening for its Indonesian and Malaysian operations within three to five years, Axiata Group CEO Jamaludin Ibrahim told Bloomberg. Axiata currently provides telecommunication services to nearly 300 million customers from India to Cambodia. The statement follows Telenor's recent agreement with Axiata to end discussions regarding the potential combination of their telecom and infrastructure assets in Asia.

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Categories: Mobile & Wireless
Companies: Axiata / Edotco / Telenor
Countries: Asia / Indonesia / Malaysia
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