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Tag: axiata

Retail Asia17/07/2018
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Telecom

Axiata to sell loss-making Pakistan unit

2min0
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 purchase agreement with Adnan Asdar Ali, who currently holds […]
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Retail Asia11/06/2018
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Telecom

Lisa Lim Poh Lin appointed as independent non-executive director of Axiata Malaysia

2min0
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 relevant business expertise, global experience and diversity of backgrounds. As an accomplished Malaysian scholar […]
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Retail Asia24/05/2018
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Telecom

Idea Cellular-Vodafone merger to take off by Q3

4min0
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 reporters after the group’s AGM yesterday, Axiata president and group CEO Tan […]
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Retail Asia16/01/2018
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Telecom

Ncell Axiata expands LTE network

2min0
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 launched 4G mobile broadband in the 21 cities last week. The company […]
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Retail Asia11/01/2018
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Telecom

Axiata Group appoints heads for business service, info security

3min0
Axiata Group has made two key appointments for its business services and information security, as part of its transformation efforts into a “new generation digital champion.” The Malaysia–based telecoms conglomerate has recently appointed Asri Hassan Sabri – Axiata’s group chief business operations officer since January 2016  –  as chief executive officer of its newest subsidiary, Axiata […]
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Retail Asia01/09/2017
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Telecom

Axiata more than doubles Q2 profit

2min0
Malaysia’s Axiata Group has reported a strong 115.5% year-on-year surge in Q2 profit to 479.1 million ringgit ($112.2 million) due in part to record-high revenue. Group revenue increased 13.9% year-on-year and 3% sequentially to 6.1 billion ringgit, despite increased losses from Axiata’s 19.75% stake in India’s Idea Cellular due to that market’s ongoing weakness. Revenue […]
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Retail Asia23/08/2017
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Telecom

Cambodia’s Smart Axiata launches 4.5G

2min0
Cambodia’s Smart Axiata has launched 4.5G mobile connectivity in the country in collaboration with Huawei. The launch supports speeds 10 times faster than those available over normal 4G, the companies said. Smart Axiata will also potentially be able to use the technology to introduce new services including wireless home broadband and IoT services for residential and […]
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Retail Asia14/07/2017
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Living

Axiata, iflix sign non-binding MoU

3min0
Axiata Group and iflix, a subscription video on demand service provider, have inked a non-binding Memorandum of Understanding (MoU) relating to the expansion of their strategic collaboration to provide entertainment to Axiata’s more than 125 million customers in six countries. In a statement, Axiata said from two existing successful partnerships with Celcom in Malaysia and Dialog […]
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Retail Asia19/05/2017
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Telecom

Dialog Axiata consolidates billing with Netcracker platform

2min0
Dialog Axiata has expanded its partnership with Netcracker by using Netcracker’s Customer Billing Management solution to consolidate billing across all lines of business into a single platform. This expansion will bring Dialog’s retail and enterprise fixed-line subscribers onto Netcracker’s BSS, which already bills for Dialog’s GSM, digital TV and Wi-Fi lines of business. The consolidation […]
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Retail Asia04/05/2017
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Telecom

Axiata to lease capacity on IPSTAR-1 for Indonesia

2min0
Malaysia’s Axiata Group has signed a four-year agreement to lease capacity over Thaicom’s IPSTAR-1 satellite for the provision of broadband services in Indonesia. Subsidiary Axiata Business Services will purchase the remaining capacity on the broadband satellite, located at 119.5° east. Thaicom’s IPSTAR unit will provide multi-transponder 1Gbps high throughput satellite (HTS) capacity under the contract. […]
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Retail Asia03/05/2017
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Telecom

Robi completes LTE trial in Dhaka

2min0
Bangladesh’s Robi Axiata is gearing up to launch 4G services after completing a successful trial of the technology in conjunction with Ericsson. The operator conducted an LTE demonstration using a combination of 1800-MHz and 2100-MHz spectrum in Bangladesh’s capital Dhaka, achieving download speeds of over 90Mbps. Ericsson provided cutting-edge base station, radio units and baseband […]
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Retail Asia15/02/2017
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Telecom

Dialog Axiata lifts FY16 profit by 74%

2min0
Sri Lanka’s Dialog Axiata boosted its net profit for FY16 by 74% year-on-year to 9 billion rupees ($59.4 million), recording strong growth across all its business segments. The operator reported total revenue of 86.7 billion rupees, up 17% year-on-year, with revenue from its core business increasing 16% to 73 billion. Mobile customers increased to 11.8 […]
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