Axiata seeks Malaysia, Indonesia mergers after Telenor talks end

Axiata seeks Malaysia, Indonesia mergers after Telenor talks end

A customer looks at a smartphone on display at a Bluecube store operated by Celcom Axiata Bhd., a unit of Axiata Group Bhd., in Kuala Lumpur, Malaysia, on Thursday, Sept. 1, 2016. Photographer: Charles Pertwee/Bloomberg

Axiata Group Bhd. is pursuing mergers as a key strategy despite an abrupt end to its plan to form an Asian mobile giant with Telenor ASA, its top executive said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter