|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.79 - 9.94|
|52 Week Range||9.79 - 17.39|
|Beta (5Y Monthly)||0.03|
|PE Ratio (TTM)||6.64|
|Forward Dividend & Yield||1.00 (8.26%)|
|Ex-Dividend Date||May 12, 2022|
|1y Target Est||N/A|
Infosys (INFY) collaborates with Telenor Norway to transform the latter's business model, making it a product-based digital telecommunications operator under its 'Beyond Connectivity' strategy.
OSLO (Reuters) -Malaysian telecoms firm Axiata Group and Norway's Telenor ASA have been given clearance from the Securities Commission Malaysia for the proposed merger of their local units, Telenor said on Thursday. Facing stiff competition in the competitive Malaysian market, Axiata and Telenor announced last year the planned tie-up between Celcom Axiata and DiGi.Com, forming a new market leader called Celcom Digi. Two sources with knowledge of the deal, who spoke on the condition of anonymity, told Reuters last year that Celcom Digi would have an enterprise value of $15 billion.
Qatari telecommunications group Ooredoo has agreed to sell its Myanmar business to a Singapore-registered company in a deal that would see the company exit the troubled south-east Asian nation. Ooredoo Asian Investments, which owns Ooredoo Myanmar and Ooredoo Myanmar Fintech, will be sold to Nine Communications for an enterprise value of $576mn, according to a news release issued on September 8. Ooredoo is thought to rank lowest in terms of subscribers among Myanmar’s four wireless carriers, trailing military-affiliated latecomer Mytel.