Telenor ASA (OTCPK:TELNY)
$ 11.6229 0.0329 (0.28%) Market Cap: 16.10 Bil Enterprise Value: 24.31 Bil PE Ratio: 24.06 PB Ratio: 2.22 GF Score: 72/100

Axiata Group Bhd and Telenor ASA to Enter Discussions to Merge Asian Operations Press Conference Transcript

May 06, 2019 / 06:30AM GMT
Release Date Price: $20.39 (+4.73%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Axiata Group's conference call. (Operator Instructions)

Today, the conference call will be hosted by Tan Sri Jamaludin, Group CEO; and Vivek Sood, Group CFO. I would like to turn the conference over to the speakers. Please go ahead.

Jamaludin bin Ibrahim
Axiata Group Berhad - President, Group CEO, MD & Director

Thank you. Thanks for joining us. My name Jamal, the Group CEO for Axiata. Just to note today, we are announcing the mega merger between the 2 companies. The -- well, actually, the injection of the assets of 2 companies, we took a new MergedCo entity.

Let me just go -- backtrack a bit if you can look at Slide 2. This has been the vision for the company. We want -- just a bit of history. The demerger in 2008 and then we built a distinct company. We created a regional champion. And as of today, we're moving into 3.0, into new-generation digital company.

If you look at the following slide, this has been our triple core strategy. How we want to transform the

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