Axiata Seeks Malaysia\, Indonesia Mergers After Telenor Talks End

Axiata Seeks Malaysia, Indonesia Mergers After Telenor Talks End
Jamaludin Ibrahim, president and chief executive officer of Axiata Group Bhd., gestures as he speaks during a news conference to announce the company’s second-quarter results in Kuala Lumpur, Malaysia. (Photographer: Charles Pertwee/Bloomberg)

Axiata Seeks Malaysia, Indonesia Mergers After Telenor Talks End

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(Bloomberg) -- Axiata Group Bhd. is pursuing mergers as a key strategy despite an abrupt end to its plan to form an Asian mobile giant with Telenor ASA, its top executive said.