TeleGeography notes that Malaysian mobile group Axiata Group (formerly TM International) more than doubled its net profit for the third quarter of 2009 to MYR503.7 million (US$149 million), up from MYR243.9 million in July-September 2008, on revenues that grew by 5 percent year-on-year and 7 percent quarter-on-quarter to MYR3.381 billion. EBITDA climbed 4 percent year-on-year to MYR1.309 billion, driven by continued operational improvements across all its subsidiaries, as total mobile subscribers passed the 100 million mark in the quarter.
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