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Sri Lanka’s Dialog Axiata has teamed up with Ericsson to establish the market’s first 5G innovation center. The new center will seek to encourage Sri Lankans to develop innovative IoT and ICT technologies and solutions. It will engage in collaborative…
Sri Lanka’s Dialog Axiata has launched what it says is the nation’s first voice over Wi-Fi calling service. The operator’s VoWiFi service does not require a third party app to be installed and allows calls to be received over Wi-Fi as if they were standard…
Sri Lanka’s Dialog Axiata has launched what it says is the nation’s first voice over Wi-Fi calling service. The operator’s VoWiFi service does not require a third party app to be installed and allows calls to be received over Wi-Fi as if they were standard…
The telecommunications (telco) sector is expected to face difficult headwinds given the heightened regulatory pressure and competition that is unlikely to abate anytime soon, said PublicInvest Research analyst Eltricia Foong. “We reckon that the operating…
Axiata Group Bhd, which is evaluating its options on a possible buyout offer by two of M1 Ltd’s major shareholders Keppel Corp Ltd (KCL) and Singapore Press Holdings (SPH), is hoping for accurate future value for its 28.7% interest in M1. News reports in…
Axiata Group Bhd’s share price fell as much as 11 sen this morning after its subsidiary edotco Group Sdn Bhd canceled a US$940 million deal in Pakistan. The stock fell as much as 11 sen to a low of RM4.50 this morning from its last adjusted closing price of…
Celcom Axiata Bhd will be gradually upgrading the internet speed of its existing Celcom Home Fibre customers in Sabah to 100 megabits per second (Mbps) until the end of September 2018 at lower prices or no cost at all. From Sept 16 onwards, in conjunction…
Celcom Axiata Bhd has appointed Mohamad Idham Nawawi (pix) as its new CEO effective Sept 1, taking over the reins from Michael Kuehner whose tenure ends on Aug 31. The group said in a statement that the succession is part of the original plan two years ago to…
Axiata Group said it is likely to book a RM1.5 billion to RM3 billion non-cash financial loss from the merger of 16.33% owned Idea Cellular and Vodafone Idea Ltd, which will make it the largest carrier in India by subscribers and revenue market share.…
Axiata Group Bhd is planning to sell its entire 89% stake in Multinet Pakistan (Private) Ltd for a sum of US$1 on a cash-free and debt-free basis. The group told the stock exchange that its unit Axiata Investments (Labuan) Ltd (AIL) had entered into a share…
Axiata Group Bhd has appointed Dr Lisa Lim Poh Lin as its independent non-executive director to further strengthen the board’s diversity mix and expertise. The appointment came into effect on June 8. “We constantly strive to build a board composition of…
After much delay, Axiata Group Bhd is positive that the merger between its Indian associate company Idea Cellular Ltd and Vodafone India will materialise by the beginning of the third quarter of this year, as just two more approvals are required. Speaking to…
Axiata Group Bhd fell into the red in the first quarter ended March 31 registering a net loss of RM147.41 million against a net profit of RM239.02 million in the same quarter a year ago, due to the share of losses reported by its associate company Idea…
Axiata Group Bhd’s share price fell 0.18% this morning following news that its unit is acquiring a 35% stake in data centre company Digital Reality (Private) Ltd (DRPL) for 262.5 million Sri Lankan rupees (RM6.55 million) cash to form a data centre business…
Celcom Axiata Bhd CEO Michael Kuehner, while welcoming the expected entry of a new player in the local telco scene next week, pointed out that what the industry needs is consolidation and not another player. Yodoo is expected to launch its mobile data plan…
Nepal’s Ncell Axiata has revealed it has expanded its LTE network to cover two more cities – Lahan and Dhangadhi. The operator’s 4G network now spans 21 cities, giving Ncell the widest 4G coverage in the market at more than 15% of the population. Ncell…
