Sunday, 09 December 2018

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…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry