Malaysia operators seek control of 5G entity
The four major mobile operators in Malaysia reportedly pressed for a combined majority stake in the organisation managing the country’s single 5G wholesale network, arguing this was essential to safeguard their investments.
Axiata profit climbs on group-wide gains
Axiata Group president and CEO Izzaddin Idris highlighted its recovery in Q2, which he claimed puts the company in a strong position to add capacity and modernise its networks to support digital inclusion across the region.
Axiata forecasts full year profit drop
Axiata Group predicted full year revenue and profitability would decline due to continued economic and financial headwinds caused by Covid-19 (coronavirus)-related movement restrictions and consumptions shifts, as it revealed Q2 numbers.
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