MCMC approves Celcom-Digi merger, 70MHz of spectrum and Yoodo to be divested - SoyaCincau

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Celcom and Digi merger finally gets MCMC approval. To address competition concerns, the new merged company has return spectrum to MCMC, remove exclusive distributors, divest Yoodo and more.

after both submitted their merger application in July 2021. The two telcos will form Malaysia’s largest telco, overtaking Maxis.

They will have to ensure continuity of access to wholesale services for MVNOs at terms no worse off than their current agreements. As part of its obligations, the Celcom-Digi has to ensure fair pricing, introduce price capping, remove waiver of any contractual lock-in agreements and implement fair usage policy to ensure any excessive usage by the MVNOs is charged fairly. This has to be done within 3 years from the closing of the merger.

Celcom and Digi assured that they will place the highest priority on minimising any potential service quality impact to customers while delivering these undertakings. forward to playing an active role in encouraging national competitiveness through the provision of worldclass 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.”

 

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