Axiata-Telenor merger talks still ongoing


Tan Sri Jamaludin Ibrahim declined to provide further details when pressed on news reports that the planned merger involving Axiata and Telenor Group’s Asian operations has hit a snag. “It is still ongoing. That is it for now. (We will announce it) soon."

KUALA LUMPUR: Discussions on the proposed merger between Axiata Group Bhd and Norway’s Telenor ASA is still ongoing, said Axiata president and group chief executive officer Tan Sri Jamaludin Ibrahim.

He, however, declined to provide further details when pressed on news reports that the planned merger involving Axiata and Telenor Group’s Asian operations has hit a snag.

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Axiata , Telenor , merger , talks , still going on , Jamaludin , Ibrahim ,

   

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