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

  • 📰 Soya_Cincau
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 55%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.”

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:

 /  🏆 16. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

MCMC approves Digi-Celcom merger | The Malaysian InsightRegulatory body greenlights deal after 'thorough assessment'.
Source: msianinsight - 🏆 8. / 63 Read more »

MCMC approves Digi, Celcom merger (Updated)KUALA LUMPUR: The Malaysian Communications and Multimedia Commission (MCMC) has approved the proposed merger between Digi.Com Bhd (Digi) and Celcom Ax...
Source: theSundaily - 🏆 25. / 51 Read more »

Celcom-Digi merger gets MCMC green lightKUALA LUMPUR, June 29 — Axiata Group Bhd and Digi.Com Bhd today said they had received clearance from the Malaysian Communications and Multimedia Commission (MCMC) to go ahead...
Source: malaymail - 🏆 1. / 86 Read more »

MCMC approves Digi-Celcom mergerThe merger will result in the country's largest mobile service provider. Bullshits country rubbish company to malaysia .. . And this will help accelerate the rollout of 5G in M'sia? Na mampus la end user…
Source: malaysiakini - 🏆 20. / 51 Read more »