KUALA LUMPUR, June 29 — Axiata Group Bhd and Digi.Com Bhd today said they had received clearance from the Malaysian Communications and Multimedia Commission (MCMC) to go ahead...
KUALA LUMPUR, June 29 — Axiata Group Bhd and Digi.Com Bhd today said they had received clearance from the Malaysian Communications and Multimedia Commission to go ahead with the proposed merger between Celcom and Digi , which could create the largest mobile service operator in Malaysia.In a joint statement today, the telcos announced that MCMC’s nod to the merger signifies that they will be advancing to the next phase of the transaction.
The merger application was submitted in July 2021 and has since gone through comprehensive assessments by the MCMC. “MCMC had considered the commitment offered by the applicants and is satisfied that it will significantly reduce the competition issues that will or may arise as a result of this merger,” it said.
“We look forward to playing an active role in encouraging national competitiveness through the provision of world-class connectivity and research platforms whilst also supporting the nation’s entrepreneurs and digital talents in the race to confidently position Malaysia for growth in the digital economy,” he said.
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