Celcom-Digi merger gets MCMC green light

  • 📰 malaymail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

KUALA LUMPUR, June 29 — Axiata Group Bhd and Digi.Com Bhd today said they had received clearance from the Malaysian Communications and Multimedia Commission (MCMC) to go ahead...

KUALA LUMPUR, June 29 — Axiata Group Bhd and Digi.Com Bhd today said they had received clearance from the Malaysian Communications and Multimedia Commission to go ahead with the proposed merger between Celcom and Digi , which could create the largest mobile service operator in Malaysia.In a joint statement today, the telcos announced that MCMC’s nod to the merger signifies that they will be advancing to the next phase of the transaction.

The merger application was submitted in July 2021 and has since gone through comprehensive assessments by the MCMC. “MCMC had considered the commitment offered by the applicants and is satisfied that it will significantly reduce the competition issues that will or may arise as a result of this merger,” it said.

“We look forward to playing an active role in encouraging national competitiveness through the provision of world-class connectivity and research platforms whilst also supporting the nation’s entrepreneurs and digital talents in the race to confidently position Malaysia for growth in the digital economy,” he said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 1. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

MCMC approves Digi-Celcom mergerThe merger will result in the country's largest mobile service provider. Bullshits country rubbish company to malaysia .. . And this will help accelerate the rollout of 5G in M'sia? Na mampus la end user…
La source: malaysiakini - 🏆 20. / 51 Lire la suite »

MCMC approves Digi, Celcom merger (Updated)KUALA LUMPUR: The Malaysian Communications and Multimedia Commission (MCMC) has approved the proposed merger between Digi.Com Bhd (Digi) and Celcom Ax...
La source: theSundaily - 🏆 25. / 51 Lire la suite »

MCMC approves Digi-Celcom merger | The Malaysian InsightRegulatory body greenlights deal after 'thorough assessment'.
La source: msianinsight - 🏆 8. / 63 Lire la suite »