Bloomberg Norway’s Telenor ASA and Axiata Group Bhd, Malaysia’s biggest wireless carrier, are in talks to combine their Asian telecommunication operations to create a company with 300 million customers in nine countries. The proposed transaction will form an entity with sales of about $13 billion and earnings of about $5.5 billion. Potential “synergies” from the deal would amount to about ...

Bloomberg The eastern Indian state of Odisha, battered by one of the strongest cyclones in two decades, needs at least one trillion rupees ($14 billion) to rebuild damaged houses and public infrastructure, a government official said on Monday. About 500,000 people have lost their houses and would need reconstruction, said Bishnupada Sethi, special relief commissioner with the Odisha government. Almost ...

Bloomberg Apple Inc. will pay Qualcomm Inc. $4.5 billion to $4.7 billion to catch up on licensing fees accrued during a two-year legal battle between the companies settled last month. Qualcomm made the disclosure in its earnings report, while Apple declined to answer questions about the settlement during its own second-quarter earnings conference call. The figure was less than the ...