Wednesday, 16 August 2017

Axiata agrees $1.4bn acquisition of TeliaSonera's Nepal arm

By Nick Wood, Total Telecom
Monday 21 December 15

Sale in line with Swedish telco's plan to exit Eurasia, focus on Europe.

Axiata on Monday agreed to acquire TeliaSonera's Nepal arm Ncell in a deal worth US$1.37 billion (€1.26 billion). Ncell is Nepal's biggest mobile operator, with 13 million customers representing a 48.8% share of the market. Acquiring Ncell increases Malaysia…

Axiata on Monday agreed to acquire TeliaSonera's Nepal arm Ncell in a deal worth US$1.37 billion (€1.26 billion). Ncell is Nepal's biggest mobile operator, with 13 million customers representing a 48.8% share of the market. Acquiring Ncell increases Malaysia…

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