RPT-BRIEF-Axiata And Telenor Agree To End Discussions On Proposed Transaction

(Repeats to widen distribution)

Sept 6 (Reuters) - Telenor ASA:

* AXIATA AND TELENOR HAVE AGREED TO END DISCUSSIONS ON THE PROPOSED TRANSACTION

* AXIATA GROUP BERHAD AND TELENOR GROUP HAVE MUTUALLY AGREED TO END DISCUSSIONS REGARDING A NON-CASH COMBINATION OF THEIR TELECOM AND INFRASTRUCTURE ASSETS IN ASIA

* DUE TO SOME COMPLEXITIES INVOLVED IN PROPOSED TRANSACTION, PARTIES HAVE MUTUALLY AGREED TO END DISCUSSIONS

* BOTH PARTIES STILL ACKNOWLEDGE STRONG STRATEGIC RATIONALE OF PROPOSED TRANSACTION

* PARTIES DO NOT RULE OUT THAT A FUTURE TRANSACTION COULD BE POSSIBLE Source text for Eikon: Further company coverage: (Gdynia Newsroom)