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Back 09 Sep 2015
Type Announcement
Subject OTHERS
Description

DISCUSSION WITH BHARTI AIRTEL LIMITED

Axiata Group Berhad ("Axiata") and Bharti Airtel Limited (“Bharti”) (collectively “Parties”) wish to announce that they have entered into an exclusive discussion to explore the possibility of combining the business operations of their telecommunication subsidiaries in Bangladesh; namely, Robi Axiata Limited and Airtel Bangladesh Limited.

There is no certainty that this discussion will lead into the execution of binding definitive agreements between the Parties.

This announcement is to facilitate the on-going discussions and exchanges of information between the Parties, including but not limited to discussions with the relevant regulatory authorities.

Axiata and Bharti will issue further announcement in the event there is any material development on this matter.

 

This announcement is dated 9 September 2015. 

 





Announcement Info

Company Name AXIATA GROUP BERHAD
Stock Name AXIATA
Date Announced 09 Sep 2015
Category General Announcement for PLC
Reference Number GA1-09092015-00041