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PETALING JAYA: Axiata Group Bhd, Telenor Asia Pte Ltd and Digi.Com Bhd have finalised the proposed merger between Celcom Axiata Bhd and Digi, a union that will see the telco giants generating synergies ranging from cost savings to financial flexibility for future capital expenditure (capex) rollout.
KUALA LUMPUR: The FBM KLCI ended lower on Monday, as losses in Tenaga Nasional, IHH Healthcare and Sime Darby Plantation offset gains in telcos amid a weak market sentiment.
KUALA LUMPUR: Axiata Group Bhd, Telenor Asia Pte Ltd and Digi.Com Bhd have signed the transaction agreements for the proposed merger of Celcom Axiata Bhd and Digi.
KUALA LUMPUR: Berjaya Corporation, Axiata, Digi, TRC Synergy, UWC and VS Industry are among the companies which could see trading interest on Wednesday after their corporate news, JF Apex Research said.
KUALA LUMPUR: Malaysia's Axiata Group Bhd said on Tuesday it could sign a definitive merger agreement with Norway's Telenor to merge both companies' Malaysian operations, in a matter of days or weeks.
PETALING JAYA: A better first quarter financial result is expected for Telekom Malaysia Bhd (TM) as the company continues with its cost-cutting measures
PETALING JAYA: Digi.Com Bhd’s focus on the postpaid and fixed (FTTH) as well as the business-to-business (B2B) segments will help the group mitigate risks of further declines in its average revenue per user (Arpu).