TM and Telekom Malaysia , the country's two biggest telcos, have issued statements denying they are to merge. " Axiata Group wishes to specifically deny that it is currently engaged in any discussions with Axiata Group on a possible merger", it said in a regulatory filing, while in a separate announcement, Axiata "confirms that it is not currently in discussion with Axiata as purported in the article". KUALA LUMPUR (March 23): Local media quoted sources who said a merger between the two firms was set to take place.
TM and Telekom Malaysia , the country's two biggest telcos, have issued statements denying they are to merge. " Axiata Group wishes to specifically deny that it is currently engaged in any discussions with Axiata Group on a possible merger", it said in a regulatory filing, while in a separate announcement, Axiata "confirms that it is not currently in discussion with Axiata as purported in the article". Local media quoted sources who said a merger between the two firms was set to take place.