Axiata

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Asia Pacific November 30, 2022

Telenor, Axiata Malaysia merger finally completes

Axiata Group and Telenor Group completed a long-delayed combination of their respective units in Malaysia, with both parties holding a 33.1 per cent stake in the newly created Celcom…

By Chris Donkin

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Operators Telenor November 18, 2022

Boards approve Celcom, Digi tie-up

The boards of Axiata Group and Digi gave the green light to a proposed merger of their mobile units in Malaysia, clearing the final hurdle to the long-delayed deal.

By Joseph Waring

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Asia Pacific Network Tech Operators October 4, 2022

PLDT earns $983M from tower sales

PLDT closed 75 per cent of two tower sale and leaseback deals with subsidiaries of edotco and EdgePoint Infrastructure for PHP57.7 billion ($983.6 million), with proceeds to be used to…

By Joseph Waring

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Asia Pacific September 8, 2022

Axiata tower unit mulls stake sale

Malaysia-based Axiata Group’s tower business edotco was tipped to be mulling raising funds to support its growth across Asia Pacific through a sale of shares which could generate up to…

By Joseph Waring

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Asia Pacific August 26, 2022

Axiata bullish on 2022 despite forex hit

Axiata Group raised its 2022 guidance despite macroeconomic challenges, after Celcom in Malaysia, XL in Indonesia and tower unit edotco delivered strong revenue growth in Q2. In an earnings call,…

By Joseph Waring

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Asia Pacific Operators Telenor June 29, 2022

Malaysian authority clears Celcom, Digi deal

A proposed merger of Telenor Group and Axiata Group’s units in Malaysia received clearance from the country’s communications regulator after the operators offered a number of measures to address competition…

By Chris Donkin

businessmenhandshakedealbusinesscommitmentconcept

May 26, 2022

Axiata bottom-line hit by forex losses

Axiata Group’s top-line in Q1 benefited from growth across all its operating units except its Nepal unit Ncell, but the company registered a net loss due to significant foreign exchange…

By Joseph Waring

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