Axiata’s Asian dreams fade as rivals bid for its overseas units
By Abhishek Vishnoi
Posted
Malaysia’s biggest wireless carrier received an offer from Singapore Press Holdings Ltd and Keppel Corp to buy out its stake in M1 Ltd.

Axiata likely to reject Keppel-led offer for Singapore mobile firm M1
By Anshuman DagaAxiata is in talks to team up with PE firms and other companies as it considers options to launch its own offer for a bigger stake in M1.
Indian billionaire Anil Ambani in negotiations to shed control of RCom
By Bhuma ShrivastavaThe company helmed by billionaire Anil Ambani is negotiating with two investors who are conducting due diligence.
Axiata’s tower arm in talks for acquisitions over next 12 months
By Liz LeeThe unit, edotco, recently cancelled a $940-million deal to acquire 13,000 towers from a unit of Pakistan Mobile Communications as regulators failed to provide all approvals for the transaction to go through.
Axiata arm edotco ends deals to buy tower assets from Pakistan Mobile
By Ka Kay LumThe transaction was terminated due to the non-fulfillment of certain conditions.
India’s NCLT gives its nod to Idea-Vodafone unit merger
By Elisabeth O'LearyIdea Cellular and Vodafone have cleared the last regulatory hurdle to merge their operations in India, opening the way for the creation of a new market leader in the fiercely competitive market.
India: DoT seeks $232m to clear way for Airtel-Tikona merger
By Navadha PandeyAirtel has, however, approached the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) seeking a stay on the DoT demand.
Japanese e-commerce giant Rakuten unveils plan to fight Amazon, SoftBank
By Pavel AlpeyevThe new mobile business, slated for debut next year, will tie together the company’s disparate portfolio of about 80 different services.
Reliance Jio raises $214m via private placement of NCDs
By Kalpana PathakReliance Jio will use the proceeds to expand its operations in the GigaFiber segment.
Chinese smartphone giant Xiaomi loses post-IPO sheen
By Bloomberg NewsFor Xiaomi, the real battle revolves around growing services income — its main source of profit. While it’s made advances in China with its own video, music and finance apps, those businesses barely exist elsewhere.