Analysts positive on merger

THE proposed mega merger of Axiata Group Bhd and Telenor ASA’s Asian assets may be viewed positively by analysts but it is expertise that Telenor ASA brings to the table and the expected cost synergies that makes this deal attractive.

Though details are still sketchy at this juncture pending signing of the deal in three months , suffice to say about RM15bil to RM20bil of cost synergies can be expected over a five year period.