TM-Axiata merger on the cards?

TM has webe but to grow that from ground zero will take years. A merger with Axiata and Celcom pushes it to have access to over 10 million mobile users. Combined that with its own broadband users, it can drive TM

Sources say both companies have already hired advisors to work on the deal

A MERGER between Telekom Malaysia Bhd (TM) and Axiata Group Bhd is on the cards, sources say, as a means to strengthen the former in an increasingly converged market.