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Wireless

Mitsui buys stake in Cambodia's Smart Axiata

Monday 22 May 2017 | 07:03 CET | News
Axiata Group has welcomed Mitsui as a new strategic partner at its Cambodian subsidiary Smart Axiata. Axiata has entered into a definitive agreement with Mitsui and its affiliate which will see the parties collectively emerge as a 10 percent strategic partner in Smart. Following the completion of the transaction, Axiata will continue to hold the controlling and majority interest in Smart, with an 82.5 percent stake.

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Categories: Mobile & Wireless
Companies: Axiata
Countries: Cambodia
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