Tag: Axiata
Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up
Norwegian Telenor and Malaysian Axiata Group have secured key approval for merging their local telecommunications units Celcom Axiata and DiGi.Com. The proposed $15 billion deal aims to create a stronger market competitor in Malaysia's competitive telecom landscape, with the new entity named Celcom Digi pending final regulatory approvals.
Axiata confident of delivering dividend target of 20 sen per share of 2024
Telecommunication leader Axiata Group Bhd is confident in raising its dividend payout to 20 sen per share by 2024, representing a RM1.8 billion distribution. CEO Datuk Izzaddin Idris highlights the company's focus on becoming a high-profit organization through strategic investments and digital transformation.
