Hong Kong-based CK Hutchison Holdings has expressed interest in joining forces in Indonesia, according to reports, while IHS Towers — the third-largest telecommunications tower company globally — has bid for Axiata’s 60% stake in its telecoms tower unit, edotco Group, sources say.
(Sept 30): Its proposed mega merger with Telenor Group is off for now, but Axiata Group remains on the prowl for potential mergers to ensure its survival in the long term, says its president and group CEO Jamaludin Ibrahim.
In fact, Axiata has already had informal approaches from interested parties, although “nothing is serious” at this point, Jamaludin tells The Edge Malaysia in an interview.
