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As reported by , a stock exchange filing to Bursa Malaysia for the merger was made yesterday.
Izzaddin noted that the group has appointed consultants to undertake the economic analysis of the merger and the impact it had on the market and the industry.
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In May 2019, Axiata announced that it was in talks with Telenor to merge their operations in Asia, which would have resulted in Telenor being the majority shareholder of the global merged entity and anticipated to own 56.