Telenor Group

Telenor Group CEO Sigve Brekke (pictured) highlighted progress towards reshaping the business in Q4 2022, including the completion of a merger in Malaysia, an agreement to sell a stake in its Norway fibre business and decommissioning its copper…

A proposed merger of Telenor Group and Axiata Group’s units in Malaysia moved a step closer to completion after receiving clearance from the country’s securities commission.

A proposed merger between True Corp and Telenor Group’s mobile units in Thailand faced another obstacle, as two of four panels set up by the regulator to examine the impact of the tie-up voted against the long-awaited deal, Bangkok…

Axiata Group and Digi pushed back the deadline for reaching an agreement on a proposed merger of their mobile units in Malaysia by six months, a deal which would create the largest operator in the country by subscribers.

Telenor Myanmar rebranded its operations ‘Atom’ following the closure of the sale of the unit by Telenor Group in March 2022 to M1 Group for $105 million.

Telenor Group received regulatory approval for the sale of its mobile unit in Myanmar to Lebanon-based investment company M1 Group, with the condition the buyer lines up an ownership structure involving a local partner after the transaction closes.

A proposed takeover of Telenor Group’s Myanmar unit by M1 Group was reportedly reignited after the latter met conditions imposed by the government.