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Malaysian billionaires revive plan to create nation’s biggest mobile operator

The Malaysian billionaire families behind Maxis Bhd. and U Mobile Sdn. are reviving plans to combine the companies in a deal that could create the country's biggest wireless operator by market value, people with knowledge of the matter said.

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马来西亚亿万富翁重启打造该国最大移动运营商的计划

The Malaysian billionaire families behind Maxis Bhd . and U Mobile Sdn. are reviving plans to combine the companies in a deal that could create the country’s biggest wireless operator by market value, people with knowledge of the matter said.

Maxis, backed by the holding company of late tycoon T. Ananda Krishnan, is moving a step closer to a merger by asking a select group of banks and law firms to submit proposals, the people said. The company could pick advisers shortly, according to the people, who asked not to be identified because the information is private.

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