KUALA LUMPUR (Reuters) – Malaysia’s four major telecoms firms will explore the government’s offer of an equity stake of up to 70% in the state 5G agency Digital Nasional Berhad, they said in a joint statement on Thursday.
Axiata Group’s Celcom, DiGi, Maxis and U-Mobile said they “look forward to an approach that is typical of any major mergers and acquisitions process”.
(Reporting by Liz Lee; Editing by Kanupriya Kapoor)