This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

​Malaysia's Axiata to buy Pakistani telecom towers firm Deodar for $940 million

( September 1, 2017, 02:55 GMT | Official Statement) -- MLex Summary: edotco Group, a subsidiary of Malaysian telecommunications giant Axiata, in partnership with Pakistani-listed investment conglomerate Dawood Hercules Corporation, is acquiring approximately 13,000 towers from Pakistan Mobile Communications to become the 8th largest independent tower company globally. The transaction values Pakistan Mobile's tower unit Deodar at $940 million and will be one of the biggest deals in the South Asian nation's history. The acquisition is scheduled to be completed by the fourth quarter of 2017, subject to regulatory approvals. The company's full statement follows: ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login