Axiata's tower unit seeking deals to enter new markets, expand - CEO [Reuters]
TELENOR ASA S/ADR (TELNY)
NASDAQ:AMEX Investor Relations:
barchart.com/stocks/quotes/telny/profile
Company Research
Source: Reuters
Axiata's tower unit seeking deals to enter new markets, expand - CEO - Reuters 3 Min Read KUALA LUMPUR, Oct 3 (Reuters) - Malaysian telecoms firm Axiata Group Bhd has asked its edotco towers unit to seek deals to enter new markets or expand in Southeast Asia and South Asia, and may consider selling a stake if attractive large investment opportunities arise. Axiata last month pulled the plug on a planned non-cash merger with Norway’s Telenor ASA citing unspecified complexities. Axiata Chief Executive Jamaludin Ibrahim told Reuters on Thursday his company did not see chances for another group-level deal. A tie-up with Telenor would have created Southeast Asia’s largest telecoms operator with 300 million subscribers. “Apart from the Telenor deal, there is no equivalent group deal that will bring the same level of benefits,” Jamaludin said. “However, we are open for unit-level deals that would result in in-country consolidation because in most cases, we believe in significant synergies as
Show less
Read more
Impact Snapshot
Event Time:
TELNY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TELNY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TELNY alerts
High impacting TELENOR ASA S/ADR news events
Weekly update
A roundup of the hottest topics
TELNY
News
- Telenor ASA (OTCMKTS: TELNY) was downgraded by analysts at Barclays PLC from a "strong-buy" rating to a "hold" rating.MarketBeat
- Telenor raises full-year outlook as Q3 earnings beat expectations [Yahoo! Finance Canada]Yahoo! Finance Canada
- Myanmar Telecoms Industry Report 2024 - Myanmar Post Telecommunications (MPT), Atom Myanmar, Ooredoo Myanmar and Mytel Dominate the Market [Yahoo! Finance]Yahoo! Finance
- ERIC's Solution to Boost Grameenphone's Network: Stock to Gain? [Yahoo! Finance]Yahoo! Finance
- Here's Why 'Trend' Investors Would Love Betting on Telenor (TELNY) [Yahoo! Finance]Yahoo! Finance