
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
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
05/06/2026
Berklee Study Reveals Video Has Become Essential to Music Careers Survey findings show social platforms have become the primary source of music for video cont...
04/06/2026
Sony Electronics is introducing the SRG-AS10, a 4K 60p-compatible PTZ auto-frami...
04/06/2026
This recent grad from Spring, TX, led creative-video output for the Aggies' men's basketball team last season and has been producing video and creating ...
04/06/2026
For the first time at a women's golf major, every player in the field will r...
04/06/2026
Three Panasonic PT-RQ45 40,000-lumen 3-Chip DLP projectors made their first live...
04/06/2026
Bitmovin and Akamai have announced a collaboration with NRJ Group, a French mult...
04/06/2026
Telestream will exhibit at InfoComm 2026 (Booth N7952), demonstrating media work...
04/06/2026
Sony has announced the development of RIALTO 65, a 65mm format image sensor block for the VENICE 2 digital cinema camera, targeting release in the first half of...
04/06/2026
KOKUSAI DENKI Electric America will exhibit at InfoComm 2026 (Booth N8025, June ...
04/06/2026
Bell Media's TSN and RDS are the exclusive Canadian broadcasters of FIFA Wor...
04/06/2026
The Challenge: Receiving Heavy Media Files From Road Games Quickly and ReliablyT...
04/06/2026
MASV, a managed file transfer platform used in broadcast and live sports product...
04/06/2026
NESN has announced the appointment of Fahad Haider as Vice President of Operations and Engineering. Haider returns to NESN, where he previously served as Vice P...
04/06/2026
David J. Halberstam, who spent almost 50 years in sports as a broadcaster and an executive, died June 2 after a years-long battle with brain cancer.
Over his l...
04/06/2026
Although collegiate production programs are tasked with delivering high-quality ...
04/06/2026
California studio, two production trucks, global distribution system are combine...
04/06/2026
New global program empowers and supports storytellers through scriptwriting course and access to industry experts
TikTok and Sundance Institute today announce...
04/06/2026
Steinberg DAWs now boast in-depth Tonalic integration
Celemony's innovative virtual session musician plug-in has just received an update that brings ARA...
04/06/2026
Get Hands-On With Over 20 Mic Brands
GearExpo UK is fast approaching, and if you've been looking for a chance to check out some new mics, then you'r...
04/06/2026
Combos feature new Amplifier Intelligence engine
Positive Grid's latest release sees the company introduce two new combo amplifiers that promise to offe...
04/06/2026
Is Your Job Making You Work this June?
4 June, 2026
Media releases
SBS Launches the World Cup Watchers' Rights Association to Stand Up For Australians&...
04/06/2026
Statement regarding unauthorised use of SBS logos on third party social content
4 June, 2026
Media releases
SBS has become aware of social media posts in c...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Bitmovin, a leading provider of video streaming infrastructure, and Akamai, the cybersecurity and cloud computing company that powers and protects business onli...
04/06/2026
American Underground (AU), the Startup Hub of the South and a community of mor...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
NVIDIA and Microsoft Reinvent Windows PCs for the Age of Personal AI
Brie Clayton June 3, 2026
0 Comments
RTX Spark - a 1-Petaflop Superchip, the Full...
04/06/2026
Inside the Peaky Blinders: The Immortal Man Grade
Brie Clayton June 3, 2026
0 Comments
Simone Grattarola discusses shaping the look in DaVinci Resolve...
04/06/2026
Cine Gear Expo Announces 2026 Awards of Excellence Recipients
Brie Clayton June 3, 2026
0 Comments
Ed Lachman ASC, Caleb Deschanel ASC, and M. David M...
04/06/2026
St. Vincents Live with Orchestra Tour to Feature Berklee Alum Ruby Plume Berklee alumni St. Vincent and Ruby Plume will appear on the same bill across seven d...
04/06/2026
Home to cutting-edge sovereign AI infrastructure and robotics innovators, as well as one of the world's most passionate gaming communities, South Korea is o...
04/06/2026
Back to All News
All the Truth in My Lies Coming to Netflix on August 28
Entertainment
04 June 2026
GlobalSpain
Link copied to clipboard
Download the imag...
04/06/2026
Back to All News
Larry Tanz, VP of Content, EMEA, Delivers a Keynote Speech at ...
04/06/2026
Back to All News
Turn Your Living Room into a Stadium With the New FIFA World ...
04/06/2026
Keeping conversations real on LinkedIn Published on Jun 4, 2026 Categories: Product News
LinkedIn Corporate Communications
Share
LinkedIn
Facebook ...
04/06/2026
BackStory follows four Irish young people as they travel back to their parents' homelands
Modern Irish identity is enriched by cultures and influences from...
04/06/2026
June's forecast with GeForce NOW: 100% chance of gaming.
GeForce NOW is lining up new adventures for the month, from big-name blockbusters to quirky indies...
03/06/2026
SES and Viva, Mexico's ultra low-cost airline, have launched multi-orbit satellite inflight connectivity on Viva's Airbus aircraft. A total of 60 A320s ...
03/06/2026
The College Football Playoff, ESPN, and TNT Sports have announced kick times and...