Malaysia's Axiata says Telenor merger still a possibility

Telecommunications provider happy to keep doing business with Huawei

20191010 Jamaludin Ibrahim

Axiata President and CEO Jamaludin Ibrahim said a possible merger with Norway's Telenor could still happen. (Photo by P Prem Kumar)

P PREM KUMAR, Nikkei staff writer

KUALA LUMPUR -- Malaysian telecommunications conglomerate Axiata says abandoned plans to merge its Asian operations with Norway's Telenor could still be revived, but in the meantime it will consider opportunities elsewhere.

"We are still friends," Axiata President and CEO Jamaludin Ibrahim told Nikkei Asian Review in an interview this week. "We can always re-look at this in the future, maybe in a few months' time."

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