Will Celcom-Digi merger cause giant monopoly, asks Najib

Celcom and Digi’s combined market share for mobile subscribers will be more than 67% following the merger.

He said that although the merger does not come under MyCC’s purview, the commission should be allowed to study it for pre-approval. In the case of the telecommunications sector, the regulator is the Malaysian Communications and Multimedia Commission , which has given its assurance that it has tools in place to prevent monopolies.“The reality is that Celcom and Digi’s combined market share for mobile subscribers is over 67%. Such market dominance will hurt competition and this ultimately hurts consumers,” he told FMT.

Celcom on the other hand is owned 100% by Axiata, whose shareholders include individuals, banks, companies, and government agencies, among others.Citing an AmInvestment Bank report, Najib said that under the terms of the merger, Digi was being valued at 67% more than Celcom.

Fmt must be the dumbest idiot.....for this news...the guy is a convict....

Who are you to comment? As PM & FM government money 4b stolen and you didn’t know..

Cause giant monopoly you write wrong fmtoday

Wat is a cuase ginat monoploy?

What about Astro

Why so many typo headline tu? Hayaaaa

Oh what about tnb then?

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

MCMC says it has tools to prevent monopolies amid concerns about Celcom-Digi mergerThere are concerns from the public that the planned Celcom-Digi merger could lead to a monopoly. MCMC assures that consumers will be protected with the existing regulatory framework.
Herkunft: Soya_Cincau - 🏆 16. / 55 Weiterlesen »