Axiata and Telenor in Advanced Discussions to Merge Celcom and Digi

Kuala Lumpur, 8 April 2021 – Axiata Group Berhad (“Axiata”) and Telenor Asia (“Telenor”) (together “Parties”) are in advanced discussions on the merger of the telco operations of Celcom Axiata Berhad (“Celcom”) and Digi.com Berhad (“Digi”) (“MergeCo”), in which the Parties will have equal ownership estimated at 33.1 percent each. Axiata together with Malaysian institutional […]