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Telenor and Axiata win key approval for multi-billion dollar Malaysia tie-up

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.
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