Celcom-Digi merger now in the hands of MCMC - SoyaCincau

📆 11/26/2021 6:23 AM
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Over two years and two attempts to merge later, Celcom and Digi have formally submitted their merger application to form Celcom Digi Berhad to the MCMC.

, the two have finally formally submitted their application for the merger to the Malaysian Communications and Multimedia Commission .

This new Celcom Digi Bhd would see Telenor and Axiata each own 33.1% of the company, with a number of other Malaysian institutions like EPF, PNB and KWAP also having a stake in it. It’s set to have a proforma revenue of around RM12.4 billion, with a pre-synergy EBITDA of RM5.7 billion and will cover 19 million customers. In other words, it will be the new leading telco in Malaysia.

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Sy berpendapat pengabungan ini akan mengambil masa yg lama untuk diluluskan oleh mcmc.Ini disebabkan MCMC sekarang ini sedang menghidupkan Monopoli DNB.

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Celcom-Digi merger proposal formally received by MCMCKUALA LUMPUR: The proposed merger between DiGi.Com Bhd (Digi) and Celcom Axiata Bhd (Celcom) has been formally received and is pending approval from the Malaysian Communications and Multimedia Commission (MCMC).
Source: staronline - 🏆 4. / 75 Read more »