OSLO: Malaysian telecoms firm Axiata Group and Norway's Telenor ASA have been given clearance from the Securities Commission Malaysia for the proposed merger of their local units, Telenor said on Thursday.
Facing stiff competition in the competitive Malaysian market, Axiata and Telenor announced last year the planned tie-up between Celcom Axiata and DiGi.Com, forming a new market leader called Celcom Digi.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
