知情人士称，掌控Maxis Bhd.和U Mobile Sdn.的马来西亚亿万富豪家族正重启将两家公司合并的计划，这笔交易有望按市值计算打造出该国最大的无线运营商。
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.
知情人士表示，在已故大亨T·阿南达·克里希南（T. Ananda Krishnan）的控股公司支持下，Maxis正邀请选定的几家银行和律师事务所提交提案，向合并迈出进一步的步伐。知情人士称，该公司可能会很快挑选顾问，由于信息属于私密，他们要求匿名。
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.
知情人士称，随着双方表现出更强的谈判意愿，这起潜在交易正获得推进。Maxis的股价今年已下跌约5%，使该公司的市值约为283亿林吉特（约合69亿美元）。
The potential transaction is gaining traction as both sides are showing more willingness to negotiate, the people said. Shares of Maxis have fallen around 5% this year, giving the company a market value of about 28.3 billion ringgit ($6.9 billion).
部分知情人士表示，在交易中，U Mobile的所有者可能会寻求10亿林吉特或更高的估值。这两家公司的合并将超越市值约29亿林吉特的CelcomDigi Bhd.，成为该国最大的移动运营商。
U Mobile’s owners may seek a valuation of 10 billion ringgit or more in a deal, some of the people said. A combination of the two companies would overtake CelcomDigi Bhd., which has a market capitalization of about 29 billion ringgit, as the country’s biggest mobile operator.
注：原文中CelcomDigi市值约为290亿林吉特，但按源文本29 billion保持直译“CelcomDigi Bhd., which has a market capitalization of about 29 billion ringgit”非上市的U Mobile由马来西亚公主东姑阿米娜·苏丹·易卜拉欣·伊斯梅尔（Tun Aminah Sultan Ibrahim Ismail——该国亿万富豪国王之女）和商人陈志远（Vincent Tan）支持的实体控股。
Closely held U Mobile is controlled by a vehicle backed by Malaysian princess Tun Aminah Sultan Ibrahim Ismail — the daughter of the country’s billionaire king — and businessman Vincent Tan.
两家公司就合并断断续续进行了数年讨论。彭博新闻社当时报道称，Maxis曾考虑收购U Mobile，并于2024年就此事进行了初步讨论。当地日报《The Edge》今年早些时候报道称，由于双方无法就估值达成一致，双方的谈判一度陷入停滞。
The two firms have had on-and-off discussions on a merger for several years. Maxis had considered buying out U Mobile and had early discussions on the matter in 2024, Bloomberg News reported at the time. Local daily The Edge reported earlier this year that talks between the two parties had stalled because the parties couldn’t agree on valuations.
U Mobile于2024年被马来西亚通信及多媒体委员会选中，以实施该国的第二个5G网络。它于7月完成了向自身5G网络的迁移。
U Mobile was picked by the Malaysian Communications and Multimedia Commission in 2024 to implement the country’s second 5G network. It completed the migration to its own 5G network in July.
东姑阿米娜的父亲苏丹易卜拉欣·伊斯坎达尔（Sultan Ibrahim Iskandar）是马来西亚最南端柔佛州的世袭统治者。根据该国轮流君主制体系，他于2024年登基，出任为期五年的马来西亚国王。
Tun Aminah’s father, Sultan Ibrahim Iskandar, is the hereditary ruler of Malaysia’s southernmost state of Johor. He took the throne in 2024 for a five-year term as king of Malaysia under the country’s rotating monarchy system.
由该公主和陈志远控制的公司Mawar Setia Sdn.拥有U Mobile 50%以上的股份。新加坡科技电信媒体私人有限公司（Singapore Technologies Telemedia Pte）是新加坡国家投资公司淡马锡控股私人有限公司（Temasek Holdings Pte）的子公司，该公司在同意将其部分股份出售给Mawar Setia后，将其持股比例削减至20%。
Mawar Setia Sdn., a company controlled by the princess and Tan, owns more than 50% of U Mobile. Singapore Technologies Telemedia Pte, a unit of Singapore state investment firm Temasek Holdings Pte, cut its shareholding to 20% after agreeing to sell part of its stake to Mawar Setia.
知情人士称，相关商议仍在进行中，能否达成协议尚不确定。已故克里希南的私人投资实体Usaha Tegas Sdn.的一名代表拒绝置评。陈志远也拒绝置评。Maxis、U Mobile以及新加坡科技电信媒体的发言人未回应置评请求。
Deliberations are ongoing and there’s no certainty they will reach an agreement, the people said. A representative for the late Krishnan’s private investment vehicle, Usaha Tegas Sdn., declined to comment. Tan also declined to comment. Spokespeople for Maxis, U Mobile and ST Telemedia didn’t respond to queries.