01-08-2025
- Business
- Wall Street Journal
Axiata to Start Sale Process For World's Sixth-Largest Tower Company, Sources Say
Malaysian telecom giant Axiata 6888 -1.11%decrease; red down pointing triangle Group is expected to start the sale process this month to sell a majority stake in the world's sixth-largest telecommunications tower company, people familiar with the process said.
The stake in Edotco is valued at between $3.5 billion and $4 billion, one of the people said.
