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KUALA LUMPUR: Malaysian telecommunications company Axiata<\/a> Group Bhd is in talks to buy a smaller rival in Indonesia in a share-swap deal to cut costs and competition in its biggest market, as COVID-19 hammers businesses, its CEO told Reuters.
After PT Telekomunikasi<\/a> Indonesia Tbk, Axiata<\/a> unit PT XL Axiata Tbk is the second-biggest player by subscriber numbers in Southeast Asia's most populous country. Axiata is followed by PT Indosat Tbk, PT Smartfren Telecom Tbk and the local telco unit of Hong Kong conglomerate CK Hutchison<\/a> Holdings Ltd.
\"Except for the biggest player, I can tell you right now we are talking to all for some kind of an arrangement,\" Axiata Chief Executive Jamaludin Ibrahim told Reuters in an interview on Saturday over Microsoft Teams, declining to specify a target.
\"I can't imagine buying two, and you don't need to anyway.\"
PT Indosat, with a market capitalisation of 10.68 trillion rupiah ($727 million), PT Smartfren, valued at 21 trillion rupiah ($1.4 billion), and the local unlisted business of Hutchison<\/a>, could not immediately be reached for comment.
Jamaludin said Axiata Group, with a market capitalisation of about $8 billion, had done some due diligence last year, and information from that could be \"partially\" useful if a deal were to materialise this year.
Jamaludin, who retires later this year, said Axiata was looking for deals in Malaysia and Sri Lanka too. The company also operates in Bangladesh, Cambodia, Nepal, Pakistan, Myanmar, Thailand, Laos and the Philippines.
\"I hope before I retire, at least one country happens. Either Malaysia, Indonesia or Sri Lanka,\" he said. \"COVID-19 makes it more a necessity to consolidate, even more than before, and therefore to discuss with all parties becomes quite imperative.\"
Axiata, majority-owned by Malaysian sovereign wealth fund Khazanah Nasional Bhd and other state-linked funds, in September called off talks with Norway's Telenor<\/a> ASA for a non-cash deal to create Southeast Asia's largest telecoms operator. No reason was given for ending the talks.
\"We are not ruling out\" further talks with Telenor<\/a>, Jamaludin said, \"but at this point of time we are not discussing seriously with them.\"
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马来西亚的Axiata进行谈判,以收购规模较小的印尼电信竞争对手:CEO
马来西亚电信公司Axiata集团有限公司进行谈判,以收购一家规模较小的竞争对手在印尼在换股协议,削减成本和竞争在其最大的市场,随着COVID-19锤子企业,其首席执行官告诉路透。
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吉隆坡,马来西亚电信公司Axiata集团有限公司进行谈判,以收购一家规模较小的竞争对手在印尼的换股协议,削减成本和竞争在其最大的市场,随着COVID-19锤子企业,其首席执行官告诉路透。
后PT Telekomunikasi印尼Tbk,Axiata单位PT XL Axiata Tbk用户数量是第二大的球员在东南亚人口最多的国家。Axiata后跟PT Indosat Tbk, PT Smartfren电信Tbk和当地电信单位香港集团CK和记黄埔控股有限公司
“除了最大的球员,我可以告诉你现在我们说所有的某种安排,”首席执行官Axiata伽玛鲁丁易卜拉欣在接受路透采访时周六在微软团队,拒绝指定一个目标。
“我无法想象购买两个,你不需要。”
PT Indosat,市值10.68万亿卢比(7.27亿美元),PT Smartfren,价值21万亿卢比(14亿美元),和当地的未上市业务和记黄埔,未能立即置评。
伽玛鲁丁说Axiata集团市值约为80亿美元,去年做了一些尽职调查,信息可以“部分”有用如果交易在今年实现。
今年晚些时候退役,伽玛鲁丁说Axiata正在寻找交易在马来西亚和斯里兰卡。该公司还在孟加拉国、柬埔寨、尼泊尔、巴基斯坦、缅甸、泰国、老挝、菲律宾。
“我希望在我退休之前,至少有一个国家发生。马来西亚、印尼和斯里兰卡,”他说。“COVID-19更整合的必要性,比以前更多,因此与各方讨论变得很必要。”
Axiata,控股有限公司马来西亚主权财富基金Khazanah Nasional和其他国有资金、取消9月与挪威的谈判Telenor亚撒的非现金交易创建东南亚最大的电信运营商。为结束会谈没有给出任何理由。
“我们不排除进一步会谈Telenor伽玛鲁丁说,“但在这一点上的时间我们不讨论严重。”
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