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Axiata Group Berhad has unveiled a remarkable profit after tax and minority interest (PATAMI) of MYR 430.7 million for the first half of 2025, more than doubling from last year. This impressive growth showcases the company’s disciplined approach to cost…
Axiata Group Berhad announced it was teaming up with Versa Networks to provide Secure Access Service Edge (SASE) technology for rapidly digitalizing Asian enterprises. Under this agreement, Axiata Enterprise – the Group’s B2B unit – will collaborate with…
The Malaysian government is sticking to its plan of deploying 5G through a single wholesale network (SWN). In a joint statement from the ministries of finance and communications and multimedia, up to 70% equity in the wholly state-owned 5G company, Digital…
Axiata Group Berhad (“Axiata” or “the Group”) has embarked on an ambitious network transformation program, leveraging Open Radio Access Networks (Open RAN) as a key technology for mobile networks designed to narrow the digital divide and enhance rural…
Axiata Group posted revenue of MYR 6.2 billion for the third quarter of 2019 (3Q19), which represents an increase of 3.5 percent year-on-year. EBITDA jumped 29 percent to MYR 2.8 billion, boosted by revenue growth as well as the group’s cost reduction…
Two weeks after the abrupt cancellation of the mega-merger proposal between Axiata Group Bhd and Telenor, President and CEO of Axiata Group Jamaludin Ibrahim has made it clear that the company would begin focusing on forming partnerships with competitor…
Malaysia-based Axiata Group has revealed it is in discussion to merge with Telenor’s Asian operations to create a regional powerhouse with total annual revenues of over 50 billion ringgit ($12.05 billion). Under the preliminary terms of the proposed merger of…
Indonesia’s XL Axiata has engaged Infinera to modernize both its South Sumatra terrestrial network and its Singapore-to-Jakarta subsea network for the 5G era. Under the agreement, Infinera will provide its XTC platform for the South Sumatra terrestrial…
Sri Lankan national mobile service provider Mobitel has revealed plans to invest $50 million this year to deploy a 5G network and upgrade its network infrastructure. The operator, a wholly-owned subsidiary of Sri Lanka Telecom, has commenced 5G trials ahead…
Sri Lanka’s Dialog Axiata has launched what it says is South Asia’s first fully standards based 5G pilot service in collaboration with Huawei. The successful demonstration involved the use of the operator’s Huawei-based RAN and core network with the most…
Indonesia’s XL Axiata has awarded Ericsson a contract to contribute to the deployment of the operator’s planned 5G ready transport network. Under the expanded partnership, Ericsson will provide 5G ready routers for the rollout over the next three years,…
Malaysia’s Celcom Axiata has formed a partnership with Indian video content provider ZEE5 and telco API ecosystem provider Apigate to offer access to the ZEE5 content portfolio to its subscribers. Under the three-way agreement, Celcom will use Apigate’s…
Singtel Group and Malaysia’s Axiata Digital have signed an agreement to collaborate in the areas of mobile financial and digital services to promote the growth of the ASEAN digital economy. Under the agreement, Axiata Digital will join Singtel’s cross-border…
Axiata Group Bhd’s share price fell 4.87% at mid-day after the group and its majority owned subsidiary Ncell Pte Ltd were ordered by the Nepal Supreme Court to pay capital gains tax of 61 billion Nepalese rupees (RM2.16 billion) for the Ncell buyout deal. At…
Axiata Group Bhd saw some selling pressure in early morning trade on news that it had been hit with a capital gains tax bill of RM2.16bil by the Nepalese Supreme Court. The stock lost as much as 20 sen or 5.1% in early morning trading on Friday to a low of…
Axiata Group Bhd’s 63%-owned subsidiary edotco Investments (Labuan) Ltd (edotco Labuan) is acquiring an 80% stake in Laos’s Mekong Tower Company Ltd (MTCL) for LAK12.8 billion (RM6.08 million) cash. Axiata said in a filing with the stock exchange that edotco…
