Malaysia's Axiata Group Berhad exits Voda Idea, latest foreign investor to leave IndiaThe Malaysian telco's exit leaves only SingTel and Vodafone Group from among the old-time foreign investors in the debt-laden sector. Inten...
Axiata takes a Rs 5,692 crore charge on Idea investmentAfter the merger, Axiata - which owns 16.33% in Idea – will own just over 8% in the combined entity – Vodafone Idea Ltd.
Axiata Group nominee Hansa Wijayasuriya resigns from Idea BoardThe Kumar Mangalam Birla-owned telco, in a regulatory filing, on Friday said that, this was "pursuant to withdrawal of his nomination by th...
Analysing impact of the Vodafone-Idea deal: AxiataAxiata has been a strategic shareholder in Idea for nine years. Post the merger, its stake in the company will also get diluted.
Airtel merges Bangladesh unit with Robi AxiataPost the merger, Axiata and Airtel will hold 68.7% and 25% stake, respectively, in the combined entity which will have around 32.2 million ...
Airtel, Axiata defer Bangladesh business merger pactUpon completion of the merger, Axiata will hold 68.3 % controlling stake and Bharti Airtel 25 %, while the remaining 6.7 % will be held by ...
Bharti Airtel in talks to merge its wholly-owned Sri Lanka unit into Dialog AxiataA potential Airtel Lanka-Dialog-Axiata merger is likely to be along the lines of the recent merger of Bharti Airtel and Axiata’s telecom un...
Airtel-Axiata merger in Bangladesh is credit positive: Moody’s"The merger will ultimately enhance network quality and coverage and allow operational synergies without adversely affecting the credit qua...
Idea to allocate shares worth Rs 750 crore to Axiata to top up stakeThe move comes close at the heels of closure of its placement of shares to institutions, so as to restore Axiata's stake to 19.9% which was...
- Malaysia headquartered Axiata Group threatens Indian government with international arbitration
Axiata Group has threatened claim damages and drag the Indian government to international arbitration.
- Axiata risks being derated if it overpays in Indian telecom consolidation: CLSA
Axiata is well placed to survive the new global slowdown, but risks a downgrade should it overpay for M&A in India as it did in 2008, said ...
- Axiata Group wants Idea Cellular's 8,000 towers to build southeast Asian infrastructure company
Axiata wants to acquire or merge more than 8,000 towers of the Idea Cellular as it looks to create a unified tower entity with a presence i...
- Axiata keen to raise stake in Idea Cellular: Report
Malaysian telecom player Axiata is keen to raise its stake in its Indian partner Idea Cellular once it receives permission from the promote...
- Axiata Group posts 15 pc increase in profit in Apr-Jun
Malaysia's telecom giant Axiata Group reported 15 per cent rise in its profit to 663 million Malaysian ringgit during the April-June quarte...
- Axiata may raise Idea Cellular stake to 25%
Axiata, formerly Telecom Malaysia International, is looking to raise its stake in its Indian partner, Idea Cellular, to about 25%.
- Axiata hikes Idea stake to 5.91%,buys shares worth Rs 306.69cr
Private telecom service provider Idea Cellular today said Axiata Investments 2 (India) Ltd has hiked its stake in the company to 5.91 per c...
- Axiata rules out Idea stake hike
Malaysia's Axiata group (earlier Telekom Malaysia) is not looking at raising its stake in Idea Cellular.