News & Reviews:   Celcom Digi merger

The proposed merger between two of Malaysia’s biggest telco companies, Celcom and Digi has been in the works for quite some time now. Previously, we reported that the merger is set to be completed in the second half of 2022 but now, it seems that it may extend for a bit longer as the long stop date for their share purchase agreement (SPA) has been extended to 31 December 2022.

The parent company of Celcom, Axiata Group Bhd has revealed that the much anticipated merger between Celcom and Digi is expected to be completed in the second half of 2022. Furthermore. the proposed merger will form a new entity called 'MergeCo'.