Long-term synergies in Celcom-Digi merger

PETALING JAYA: Analysts are generally bullish about the outlook for telecommunications (telecoms) conglomerate Axiata Group Bhd following the completion of its high profile Celcom-Digi merger earlier this month, saying they like the prospects of the group’s digital and infrastructure businesses, as well as long-term synergies.

Axiata held its annual analyst and investor day with a Kenanga Research analyst saying he has been “reassured” by the group’s plans moving forward.