Did fear that Celcom's talent pool and its predominantly bumiputera vendors would not be able to level up their game in a merged Celcom-Digi entity cause Daim Zainuddin to kill the merger?
Points to complexities of proposed transaction as getting in way of closing deal Acknowledge strategic rationale of merger, do not rule out future deal
Reports 2Q19 earnings per share of 2.2 sen, from a loss per share of 37.1 sen in 2Q18.
Sees one of its best quarters from the sale of M1, digital ventures, and improved underlying performance.
Corporate Malaysia has much to learn from Axiata’s successful digital journey, says Karamjit Singh.
Proposed mega merger of equals between Axiata & Telenor could create KL headquartered global champion
Preliminary shareholding before due diligence sees Telenor owning 56.5%, Axiata 43.5% Celcom & Digi merger will create largest telco in Malaysia with over 20mil subscribers
The telco’s first full year loss since it was listed in 2008.
Group will realise RM1.65 billion in cash the offer premium price of S$2.06.
Strengthens board diversity and group focus on senior leadership development.
Revenue declines to RM6 billion from RM6.2 billion in Q317.