News Reporters PH

Maxis-U Mobile merger: Will Malaysian consumers lose out?

Maxis and U Mobile are reportedly revisiting merger discussions that could potentially create Malaysia’s largest mobile operator. However, a potential merger between the two telcos could raise questions about competition and the future of Malaysia’s dual 5G network model.According to Bloomberg’s recent report, Maxis has invited selected banks and law firms to submit proposals for a potential transaction. U Mobile’s shareholders are reportedly seeking a valuation of at least …