Sunday, June 3, 2007

NTT sale to Maxis still not finalised

“Maxis will manage the company. There is no doubt about that though the buyer is a Netherlands registered investment vehicle - Global Telecommunications Holdings NV, a subsidiary of Usaha Tegas Sdn Bhd which is controlled by Ananda Krishnan, Malaysia’s second richest man,” one source said. Krishnan also controls Maxis, Malaysia’s biggest mobile phone company and recently publicly sought to de-list the company from the Kuala Lumpur stock exchange and make it a private firm. [more, sundaytimes.lk]

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