Axiata, Sinar Mas Plan Merger of Telco Units in Indonesia
Malaysian telco giant Axiata and Indonesian conglomerate Sinar Mas are considering merging their telecom operations in Indonesia in a deal that could create a combined entity with a market capitalization of about $3.6 billion.
Malaysian telco giant Axiata and Indonesian conglomerate Sinar Mas are considering merging their telecom operations in Indonesia in a deal that could create a combined entity with a market capitalization of about $3.6 billion.
