Telenor and Axiata pull the plug on mega-merger
Operator groups Telenor and Axiata had intended to merge their Asian operations but have now decided it’s just too much hassle.
Operator groups Telenor and Axiata had intended to merge their Asian operations but have now decided it’s just too much hassle.
Malaysian telco Axiata, via its subsidiary Edotco, is buying the tower business of the largest Pakistani operator Jazz.
Asian operator group Axiata has announced the acquisition of a 95 per cent stake Indonesian operator Axis. Axiata’s own Indonesian subsidiary, PT XL Axiata (XL), has entered into a conditional sale and purchase agreement with the subsidiary of Saudi operator group STC.
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