News Formal

Axiata says merger plan with Norway's Telenor on track

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Axiata says there will be 'generally no change' to the shareholding structure of the deal or to top management appointments. FMTNews

KUALA LUMPUR: Axiata Group Bhd on Thursday said its planned merger with Norwegian telecoms peer Telenor ASA is on track, after local media reported the deal may have hit a snag.

“We want to make sure we protect our national and staff interests. That doesn’t mean there are hiccups or issues,” said Jamaludin, adding he was optimistic the deal would succeed. Axiata and Telenor in May said they would begin talks to run a jointly owned telecoms giant in South and Southeast Asia serving nearly 300 million customers, as they seek growth in an ever-competitive market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Axiata and Telenor's proposed merger may not happen, after all | SoyaCincau.comAxiata and Telenor's proposed merger may not happen, after all. However, Axiata Group CEO also says that talks are still ongoing.
Source: Soya_Cincau - 🏆 16. / 55 Read more »

Axiata and Telenor's proposed merger may not happen, after all | SoyaCincau.comAxiata and Telenor's proposed merger may not happen, after all. However, Axiata Group CEO also says that talks are still ongoing.
Source: Soya_Cincau - 🏆 16. / 55 Read more »