Axiata Group Berhad is a Malaysian telecommunications conglomerate with extensive operations in Asia. It is the country's largest wireless carrier. - Source: Wikipedia
Axiata had said the merged company would have been listed on the Malaysian stock exchange and later on an another international exchange.
Talks to create Asia's biggest telecom operator fall apart
Axiata said in a statement that Telenor is expected to hold a 56.5 percent stake and Axiata 43.5 percent in the proposed "merger of equals."
Axiata, Telenor in merger talks to create telecoms giant