Celcom-Digi merger as Malaysia's largest telco is almost complete after approval from shareholders - SoyaCincau

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Axiata and Digi shareholders voted Yes to Celcom-Digi merger after clearing MCMC and other regulatory requirements. Celcom Digi Berhad will become Malaysia's largest telco.

is in its final stages after obtaining approval from their shareholders. The board of directors of Axiata Group Berhad and Digi Telecommunications made their announcements after their Extraordinary General Meeting today., the outcome of the EGM by poll vote has been submitted to Bursa Securities as required by the applicable regulations.

. This includes returning a total of 70MHz of spectrum over a 3-year period, divesting Yoodo and to establish an independent business unit to manage Mobile Virtual Network Operators to ensure clear separation from Celcom Digi Berhad’s retail mobile business. On top of that, Celcom and Digi must also remove exclusive distributor arrangements in several states and to position both products under a single corporate brand.to take an equity stake in Digital Nasional Berhad.

 

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I hope they fix their latency issue as soon as possible after the merge. It is getting rather annoying! Biggest telco means nothing if customers consistently suffer from the problems telco never seem to fix!

With the merger we expect you guys to hurry up with 5g support for iPhone Celcom digitelco Apple

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Axiata shareholders approve proposed Celcom-Digi merger | The Malaysian InsightVote outcome submitted to Bursa Malaysia, conglomerate says.
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