Axiata selling Samart i-mobile stake

3 Jul 2014

Malaysia’s Axiata Group has agreed to sell its 24% stake in Thai mobile virtual network operator (MVNO), handset distributor and content provider Samart i-mobile back to the majority owner Samart Corporation for around USD88 million, Telecomasia reports. The transaction is expected to be completed within 90 days, taking Samart’s stake in the unit to around 76%.

Thailand, Axiata, i-mobile (Samart), Samart