Axiata, Telenor call off merger due to complexities involved


KUALA LUMPUR: The merger of Asian operations between Axiata Group Bhd and Norway's Telenor SA has been called off, confirming an earlier StarBiz report that the deal was hitting a brick wall.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
DIgi , Axiata , deal , talks

Next In Business News

TS Wong ceases to be substantial shareholder of HeiTech Padu
SkyGate NHJ Technology to invest US$30mil in smart manufacturing facility in penang
United Asiapac Energy FY26 net profit more than doubles to RM15.4mil
FBM KLCI snaps two-day winning streak, ends 0.4% lower
PETRONAS enhances myPROdata platform to accelerate upstream investment
AEON Bank enables Google Pay for Visa Debit Card-i
Malaysian Islamic banks better placed to weather Middle East fallout, says Moody’s
Citi eyes China brokerage unit licence as soon as this month, sources say
Gold heads for modest weekly gain as investors await US payrolls data
MAG shifts to mandatory annual drug screening after Jakarta incident

Others Also Read