Malaysia's Axiata acquires Nepal's top mobile operator Ncell for $1.37b

Malaysia's Axiata acquires Nepal's top mobile operator Ncell for $1.37b

Axiata group logo

Malaysia-based Axiata Group Bhd will make a foray into Nepal’s telecommunications market through a controlling stake in Nepal’s top mobile operator Ncell Private Ltd it acquired for $1.37 billion (MYR5.91 billion).

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