Malaysian operators officially take 70% stake in DNB

Malaysian operators officially take 70% stake in DNB

Malaysia’s five mobile operators have finally signed share subscription agreements (SSAs) to take equity stakes in wholesale 5G operator Digital Nasional Berhad (DNB), which also clears the way for a second 5G operator to be established next year.

Axiata secures buyer for Nepal exit

Axiata secures buyer for Nepal exit

Axiata Group secured a deal to sell off its majority share in its Nepalese operation Ncell, effectively ending the group’s business in Nepal after seven years due to a tax dispute.