 Axiata holds 68.7% controlling stake in the entity, Bharti holds the remaining 31.3%

The first merger of Bangladesh's telecom sector has come into effect with the beginning of the operation of Robi Axiata Limited as the merged company on November 16, 2016.Following the merger of Robi and airtel, the merged company is now known as Robi Axiata Limited.Having successfully completed the merger process, Robi has emerged as the second largest mobile phone operator in Bangladesh.