Mergers & Acquisitions Mergers & Acquisitions

Celcom-Digi merger clearance in Malaysia secured through divestments, three-year commitments

By Jet Damazo-Santos
  • 29 Jun 2022 04:26
  • 29 Jun 2022 04:26
Malaysia’s second- and third-largest telecommunications companies, Axiata’s Celcom and Telenor’s Digi.Com, have secured clearance to merge after offering to divest spectrum bands and a digital mobile subsidiary. 
The $12 billion deal, which will create the biggest telecommunications operator in the country with over half the market, has taken longer than

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Jet Damazo-Santos

Correspondent, Jakarta

Jet Damazo-Santos has been covering antitrust, data protection and other compliance issues in key jurisdictions in Southeast Asia for MLex full time since 2018. She has almost two decades of journalism experience in the Philippines and Indonesia, where she was the associate editor for the Jakarta Globe and the Jakarta bureau chief for Rappler Indonesia prior to joining MLex. She holds a master's degree in Applied Business Economics from the University of Asia and the Pacific.

Discover MLex

Stay on top of global regulatory developments

Latest News