Dhaka: Axiata Group Berhad and Bharti Airtel Limited have announced that they have entered into an exclusive discussion to explore the possibility of combining the business operations of their telecommunication subsidiaries in Bangladesh—Robi Axiata Limited and Airtel Bangladesh Limited.

There is no certainty that this discussion will lead to the execution of binding definitive agreements between the parties, said a press release on Wednesday.

This announcement is to facilitate the ongoing discussions and exchanges of information between the parties, including but not limited to discussions with the relevant regulatory authorities.

Axiata and Bharti will issue further announcement in the event if there is any material development on this matter.