September 6, 2019 / 2:19 PM / 15 days ago

Malaysia's Axiata surprised by collapse of JV talks with Telenor- CEO

KUALA LUMPUR, Sept 6 (Reuters) - Malaysia’s Axiata Group was surprised by the collapse of a planned deal with Norway’s Telenor to create a telecoms joint venture in Asia, its top executive told analysts on Friday after both companies announced the end of talks.

“We know that this has come as a surprise for most of you, and for us too, actually,” Axiata President and Chief Executive Jamaludin Ibrahim said on a conference call. (Reporting by Krishna N. Das; Editing by Susan Fenton)

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