FILE PHOTO: Telenor's logo is seen in central Belgrade, Serbia, March 21, 2018. REUTERS/Marko Djurica/File Photo
OSLO/KUALA LUMPUR: Norway’s Telenor is in talks with Malaysia’s Axiata Group to form a jointly-owned Asian telecoms company with close to 300 million customers, the companies said on May 6.
If a deal is finalised, the merged business combining the two companies’ South Asian and South-East Asian operations will likely be owned 56.5% by the Norwegian mobile operator and 43.5% by Axiata, they said.
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