Indonesian telcos XL Axiata and Smartfren Telecom announced on Wednesday they have finally agreed to merge their operations in a deal valued at IDR104 trillion (US$6.5 billion) after years of rumours and negotiations.
Thai operator True Corp said it expects no impact to its operations or merger with Dtac, as the National Broadcasting and Telecommunications Commission (NBTC) faces an order to review a lawsuit in regards to its approval to the merger.
Colombian operator WOM has secured approval for a proposed US$800 million reorganisation, staving off a potential bankruptcy. It now plans to continue developing 5G services and strengthening its operations in the country.
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