News & Reviews:   Securities Commission Malaysia

It looks like the Digi and Celcom merger is getting close to completion after the Securities Commission Malaysia’s (SC) approval of the proposed merger between the two local telco giants. This announcement comes after almost 2 months after the Malaysian Communications and Multimedia Commission (MCMC) also gave its approval for the merger.

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'.