11 minute read
Share
Digi Telenor Asia
For over 20 years, Digi has empowered Malaysian society, connected people to what matters most, and fueled the country's digital transition. With Celcom Digi commencing operations on 1 December, the next phase of Telenor in Asia begins.
This is truly a special day, both for our customers in Malaysia and Telenor, comments Sigve Brekke, President & CEO of Telenor Group, when asked about the first day of operations for the new Malaysian telco Celcom Digi.
The company is in a pole position when it comes to creating more customer value, and I'm confident that Celcom Digi will play a key role in setting Malaysia up for the digital future, says Brekke.
The newly established company, which is a result of the merger of Axiata subsidiary Celcom and Telenor subsidiary Digi, will create an approximately USD10 billion converged operator in Malaysia. Telenor and Axiata will be equal owners and operational influence through Board representation. Telenor representatives on the Celcom Digi board include J rgen C. Arentz Rostrup (Deputy Chair), Rita Skj rvik, and H kon Kj l.
The merger is a clear sign of how Telenor is executing on the strategy we presented at the Capital Markets Day in September, underlines Brekke.
Read also: Axiata and Telenor announce the successful completion of the Celcom and Digi merger
Sigve Brekke, President & CEO of Telenor Group, presented the strategy for a Reshaped Telenor at Telenors Capital Markets Day 2022 at Telenor HQ Fornebu.
On track with Asia ambitionsIt was in April 2021 that Telenor and Axiata first announced that they were in advanced discussions to merge their Malaysian operations. In addition to value creation and playing an important role in Malaysia's digital aspiration, the objective of the merger was to establish a leading market player that could have a greater impact and be a strong local partner for high-value customers, enterprises, and SMEs.
The new entity is taking the best from both companies. It's well positioned to drive innovation and high-skilled employment, increase consumer choice for digital needs, and explore opportunities within 5G services, AI, and IoT, says J rgen C. Arentz Rostrup, EVP and Head of Telenor Asia.
Telenor and Axiata will be equal partners in the merged company, with 33.1 percent ownership each. Rostrup calls the merger a momentous milestone for Telenor's work to build scale and profitable business as well as manage risk more efficiently in the Asia region.
Our ambition is to become a leading operator in several markets because we believe it's a good way to increase value for businesses, consumers, and shareholders. This mega merger in Malaysia puts us in the right direction and provides a solid platform for sustainable long-term growth. Structural partnerships or an initial public offering are future options for Telenor Asia, says Rostrup.
In Thailand, Telenor and CP Group aim to complete an amalgamation of the subsidiaries dtac and True within the first quarter of 2023.
Sigve Brekke and J rgen C. Arentz Rostrup visited Malaysia in June 2022, when the merger process received regulatory clearance from MCMC, the Malaysian regulator.
A new dawn for Telenor in MalaysiaFor Telenor, the merger signals a new dawn for the company's history in Malaysia - a history that spans back to 1999, when the company first bought a stake in Digi.
Digi was the first major investment Telenor made in Asia. For 22 years, we learnt about Malaysia and its dynamic competitive market. We are proud of how Digi has developed into an innovative and customer focused telecom operator and contributed to empowering the Malaysian society and helped people connect to what matters most to them, Brekke reminisces.
Telenor's journey in Asia began two years earlier with Bangladesh in 1997. 25 years later, Telenor has over 165 million customers in the region and has, for more than two decades, supported national digital ambitions across Southeast Asia.
Improving people's lives and empowering societies has, is, and always will be Telenor's foundation for growth in Asia. Seeing how mobile connectivity and digitalisation impact people confirms our companies' important contribution to societal development, says Rostrup, who refers to a recent Telenor Asia study of 8,000 people in South and Southeast Asia. In the survey, a whopping 93 per cent said that mobile connectivity improved their quality of life.
However, as mobile connectivity evolves from a nice-to-have to a must-have, both Brekke and Rostrup believe that to reap the full benefits of how new technologies, such as cloud computing, analytics, and storage, can further empower societies, telcos need to think differently.
For Telenor's operations in Asia, our ability to provide value to customers and society require new thinking. With Celcom Digi, we can stay competitive, drive growth, build scale, and enhance execution capabilities and innovation momentum, says Rostrup, who oversees the company's operations in Bangladesh, Malaysia, Pakistan, and Thailand from Singapore.
The formation of Telenor Asia was announced in October 2022, and is a continuation of Telenor's unified Asia business which was established two years earlier. Telenor Asia is a more autonomous regional entity with headquarters in Singapore that has complete oversight and responsibility for the company's operations in the region.
The merged telco Celcom Digi will commence operations on 1 December 2022.
Thanks to all Digizens The Telenor you see today is not the Telenor you will see in the future, proclaimed Brekke at Telenor's Capital Markets Day this year. Taking the number one position in Malaysia and establishing a more autonomous Telenor Asia entity are parts of the reshaped Telenor that will ensur
Europe Stories
23/12/2025
The year is winding down, the weather outside is frightful, and it's the perfect time to escape into a story that warms the heart. For listeners looking for...
23/12/2025
23 Dec 2025
VEON's Beeline Kazakhstan and Rakuten Symphony Collaborate to A...
22/12/2025
For a decade, popular German podcast Fest & Flauschig has hosted an annual Chris...
22/12/2025
Monday 22 December 2025
Sky extends PGA TOUR partnership until 2029, as Sky Spo...
22/12/2025
Siobh n McSweeney, Rory McIlroy, Elon Musk, Catherine Connolly, Jim Gavin, Ivan Yates and Traitor Paudie Moloney lead new characters for Callan Kicks the Year 2...
22/12/2025
Winner announced in the picturesque surroundings of Wicklow's Avondale Tower and Treetop Walk
Andrew Trimble wins the show in his first series as coach
Th...
22/12/2025
The 2025 winners have been announced today, Sunday 21 December, for Ireland's largest choral competition Choirs for Christmas hosted by RT lyric fm.
Ove...
21/12/2025
John Shortt named Young Sportsperson of the Year Kerry are the Team of the Year
...
19/12/2025
With Playout Release 2025.4, ToolsOnAir continues to push professional playout w...
19/12/2025
19 Dec 2025
VEON's Mobilink Microfinance Bank Launches Islamic Banking Oper...
19/12/2025
The six-part drama, set in a close-knit Welsh town fractured by an unspeakable c...
19/12/2025
Rohde & Schwarz drives the future of mobility at CES 2026 At the 2026 Consumer Electronics Show in Las Vegas, Rohde & Schwarz will present a powerful lineup o...
19/12/2025
RT is proud to return to the RDS to support the 2026 Stripe Young Scientist & T...
18/12/2025
Canada's largest indoor arena has transformed its live production capabilities with a full ST 2110 infrastructure and Calrec's compact Argo S console. S...
18/12/2025
Long-term agreement includes the SES SCORE platform and hybrid distribution worldwide to deliver more than 5,000 hours of golf tournaments annually featuring th...
18/12/2025
18 Dec 2025
VEON Upgraded to Nasdaq Global Select Market, Enhancing Investor Visibility Dubai, December 18, 2025 - VEON Ltd. (Nasdaq: VEON), a global digital o...
18/12/2025
Thursday 18 December 2025
Sky Sports remains the exclusive home of the Masters ...
18/12/2025
Using the additive process of 3D printing, layer after layer gets printed until an object is as close to the final shape needed as possible. Historically, machi...
18/12/2025
In 2025, RT proudly supported 185 arts and cultural events across the island of Ireland, reflecting significant growth since the scheme was re-launched in 2014...
18/12/2025
RT Sports Awards 2025 live on RT One and RT Player at 8:05pm on Saturday 20 December
On Saturday 20 December live on RT One and RT Player at the earlier t...
18/12/2025
RT lyric fm presents a very special Winter Solstice edition of Ambient Orbit, l...
18/12/2025
At 7.45pm on 1st January 1926, the precursor to RT , then 2RN, delivered the fledgling new Irish state's first public radio transmission. From those first c...
18/12/2025
December 18 2025, 05:30 (PST) The Movie Experience SLO Becomes First U.S. Exhib...
17/12/2025
Investigative journalists across the Western Balkans and T rkiye continue to con...
17/12/2025
The right playlist is essential on New Year's Eve, building the energy as you get ready and keeping it high as you count down to midnight. This year, Spotif...
17/12/2025
eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({...
17/12/2025
Wuppertal December 17, 2025
Riedel Builds Global Communication and Commentary ...
17/12/2025
December 17 2025, 17:00 (PST) Dolby and LG Unveil a New Era of Home Audio With ...
17/12/2025
Wednesday 17 December 2025
Heated Rivalry will be coming to Sky and streaming service NOW on 10 JanuaryTurn on cookies to view this content. Go to Privacy opti...
17/12/2025
RT has announced that Kathy Fox has been appointed Commissioning Editor with re...
17/12/2025
With the new season of Dancing with the Stars shimmering in the not-too-distant future this New Year, the celebrity and dancer pairings of the twelve couples ha...
16/12/2025
Hawkins has landed on Spotify, just in time for Stranger Things Season 5, Volume...
16/12/2025
Wherever you are, your favorite music and audio content should go seamlessly with you. That's why Spotify has partnered with NAVER Corp, Korea's leading...
16/12/2025
2025 Wrapped arrived bigger and bolder than ever. This year's experience is designed to be ultra personal and shareable, with new features like Wrapped Part...
16/12/2025
16 Dec 2025
VEON Announces Release Date for Full Year and Fourth Quarter 2025 R...
16/12/2025
16 Dec 2025
VEON's Kyivstar Invests in Renewable Energy in Ukraine with Acq...
16/12/2025
Harmonic's XOS Advanced Media Processor Improves Streaming Video Quality and Boosts Viewer Engagement SAN JOSE, Calif. - Dec. 16, 2025 - Harmonic (NASDAQ: ...
16/12/2025
RT Sport Awards 2025 live on RT One and RT Player at 8:05pm on Saturday 20 December.
On Saturday 20 December live on RT One and RT Player at the earlier t...
16/12/2025
Singer -songwriter Brian Kennedy has been announced as the final celebrity dance...
15/12/2025
Cape Town, November 13, 2025 - SES and International artist and humanitarian, Fo...
15/12/2025
Luxembourg, December 15, 2025 - SES, a leading space solutions company, and Abra Group launched fast and reliable multi-orbit inflight connectivity service on t...
15/12/2025
15 Dec 2025
VEON's Beeline Kazakhstan Delivers First Starlink Direct to Cel...
15/12/2025
Andrew Mountbatten-Windsor finds himself the topic of year's cracker jokes
Oasis, David Harbour, Celebrity Traitors and Angela Rayner all feature in this y...
15/12/2025
Comscore Expands Cross-Platform Campaign Measurement to Include Audio and Social New capabilities strengthen cross-platform campaign reporting suite; CCR rebran...
15/12/2025
RT .ie has reached one billion page views this year and is on track to finish 2025 2% ahead of last year. Average time spent on the site is up 3% on 2024, with ...
12/12/2025
Last month, Spotify announced a new collaboration with the ATP Tour, the global governing body of men's professional tennis, aimed at bringing the next gene...
12/12/2025
Friday 12 December 2025
Ted is back! Seth MacFarlane's live-action comedic ...
12/12/2025
Uachtar n na h ireann, Catherine Connolly visited RT Raidi na Gaeltachta's...
12/12/2025
Ireland AM host Eric Roberts has been revealed as the sixth contestant taking to...
11 minute read 
