Acquiring Company
Axiata Group Bhd
Acquired Company
CelcomDigi Bhd
Description
Axiata Group Bhd has successfully completed its merger with CelcomDigi Bhd, with over 90% of network integration completed. This merger is anticipated to enhance earnings and dividends through cost efficiencies and service revenue growth. CelcomDigi reports positive growth in enterprise and fibre solutions following the merger, marking a promising post-merger phase. The strategic objectives include achieving significant operational savings and a stronger market position in telecommunications.
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M&A Insights
Based on deal dataFrequently asked
Who acquired CelcomDigi Bhd?
CelcomDigi Bhd was acquired by Axiata Group Bhd, based in Kuala Lumpur. The deal was reported on August 17, 2026. Axiata Group Bhd is a leading telecommunications company in Asia. It operates in several countries across the Asia-Pacific region. The company aims to drive digital innovation and customer-centric solutions. Axiata Group Bhd is privately held and operates in Hardware.
When did Axiata Group Bhd acquire CelcomDigi Bhd?
Axiata Group Bhd's acquisition of CelcomDigi Bhd was reported on August 17, 2026. Axiata Group Bhd has successfully completed its merger with CelcomDigi Bhd, with over 90% of network integration completed. This merger is anticipated to enhance earnings and dividends through cost efficiencies and service revenue growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CelcomDigi Bhd do?
CelcomDigi Bhd is a telecommunications company formed from the merger of Celcom and Digi. It focuses on providing innovative digital solutions and experiences to its customers. It is privately held, operating in Hardware, and is based in Selangor.