Telenor and Axiata get Malaysia merger green light but with conditions

Telenor and Axiata Group have received regulatory approval for their proposed merger in Malaysia, which they now expect to complete in the second half of this year.
It is almost a year to the day since the two telecoms groups signed on the dotted line to merge their operating subsidiaries in Malaysia – Telenor’s Digi and Axiata’s Celcom. The telcos won over the Malaysian Communications and Multimedia Commission (MCMC) with a series of pledges designed to address the regulator&r