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Axiata, Telenor ink transaction agreements for Celcom, Digi merger

Monday 21 June 2021 | 08:28 CET | News
Axiata Group, Telenor Asia and Digi have concluded the due-diligence exercise and signed the transaction agreements for the proposed merger of Celcom and Digi in Malaysia. The merger talks were initially announced on 8 April. According to Axiata, on a pro forma basis, the merged company will serve 19 million customers with revenue of MYR 12.4 billion, EBITDA of MYR 5.7 billion, profit of MYR 1.9 billion and free cash flow of MYR 4 billion.

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Categories: Mobile & Wireless
Companies: Axiata / Celcom / Digi / Digi / Telenor
Countries: Malaysia
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