A Malaysian merger: Axiata and Telenor in ‘advanced discussions’

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Details have today been shared of a plan to merger Telenor and Axiata’s Malaysian mobile units in a move which would create the country’s largest mobile operator. If combined, the newly merged entity would garner annual revenue of around $3 billion, with a customer base of around 19 million subscribers. This would dwarf the current leading mobile operator in the country…

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