Axiata Indonesian unit growing faster than Celcom
Monday, 09 April 2012 13:57

On Friday an Indian newspaper flashed a report that Axiata Group Bhd has backed out of negotiations to buy a substantial stake in broadband wireless company, Tikona Digital.

Had it not backed out and gone ahead with the deal, Tikona would have given Axiata a much larger presence in the Indian market and a passage to offer 4G services as Tikona is in the broadband game.

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