The owners of XL Axiata and Smartfren Telecom said the transaction would take effect on April 15, with the former being the surviving entity and changing its name to XLSmart Telecom Sejahtera, according to the companies' disclosures on Dec 11.
The proposed merger comes as telecom players in Asia consolidate to increase their scale and resources to invest and adapt to the rising demand for digitalisation and connectivity amid a boom in 5G and artificial intelligence.
Diese Geschichte stammt aus der December 12, 2024-Ausgabe von The Straits Times.
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Diese Geschichte stammt aus der December 12, 2024-Ausgabe von The Straits Times.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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BAD BACK
More teens and young adults hit with degenerative disc disease
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