Axiata Group

Axiata Group Berhad
Formerly
 TM International Berhad
(1992–2009)
Public limited company
Traded as MYX: 6888
ISIN MYL6888OO001
Industry Telecommunications
Founded June 12, 1992 (1992-06-12)
Headquarters Axiata Tower, 9 Jalan Stesen Sentral 5, Kuala Lumpur Sentral, 50470 Kuala Lumpur
Areas served
 Nepal, Malaysia, Indonesia, Sri Lanka, Bangladesh, Cambodia, India, Singapore, Pakistan
Key people
 Azman Mokhtar, Chairman
Jamaludin Ibrahim, Managing Director/President/Group Chief Executive Officer
Products Mobile Network Operation, Network Infrastructure & Digital Internet Company
Revenue Increase MYR 19.9 billion 2015[1]
MYR 18.7 billion 2014[2]
MYR 18.4 billion 2013[2]
Increase MYR 2.6 billion 2015[3]
MYR 2.349 billion 2014[2]
MYR 2.55 billion 2013[2]
Number of employees
 25,000 (groupwide)
Parent Khazanah Nasional
Subsidiaries
Website axiata.com

Axiata Group Berhad is a Malaysian telecommunications conglomerate with extensive operations in Asia. It is the country's largest wireless carrier.[4]

The group

Axiata’s primary business is in investment holding and the provision of telecommunication and consultancy services on an international scale. Their main focus being emerging markets in Asia, some with low mobile penetration in South and Southeast Asia.[5]

Formerly known as TM International Bhd (TMI), the company was incorporated on 12 June 1992, and was the mobile and international operations arm of Telekom Malaysia Bhd (TM).[6] Following the de-merger of TMI from TM, the company was listed on the Main Board of Bursa Malaysia Securities Berhad in 2008.[6] On 2 April 2009, TMI underwent a rebranding exercise, launching its new name, Axiata, and a new logo.[7]

Their new tagline, Advancing Asia, was also launched, reflecting the direction of the company in focusing their expansion within Asia[7]

Axiata has controlling interests in mobile operators in Malaysia, Nepal, Indonesia, Sri Lanka, Bangladesh and Cambodia.[8] with significant strategic stakes in India and Singapore. The Group also has stakes in non-mobile telecommunication operations in Thailand and Pakistan.[9]

Their Board of Directors contains:

  • Tan Sri Dato' Azman Hj. Mokhtar - Chairman, Non-Executive Director
  • Tan Sri Jamaludin Ibrahim - Managing Director/President and Group Chief Executive
  • Tan Sri Ghazzali Sheikh Abdul Khalid - Independent, Non-Executive Director
  • Datuk Azzat Kamaludin - Senior Independent, Non-Executive Director
  • David Lau Nai Pek - Independent, Non-Executive Director
  • Bella Ann Almeida - Independent, Non-Executive Director
  • Muhamad Chatib Basri - Independent, Non-Executive Director
  • Kenneth Shen - Non-Independent, Non-Executive Director [10]
  • Dato' Mohd Izzadin Idris - Non-Independent, Non-Executive Director [11]

Subsidiary holdings

In their website in 2016, it was announced that Axiata had over 300 million subscriber across Asia and a group revenue of MYR19.9 billion (USD4.52 billion) in 2015.[12] It was also reported that the company provided employment to 25,000 people in ten countries.[9]

Axiata’s mobile subsidiaries and associates operate under the brand name ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘Smart’ in Cambodia, ‘Idea’ in India, 'Ncell' in Nepal (acquisition from TeliaSonera completed on 12 April 2016[13]), and ‘M1’ in Singapore.

Country Brand Ownership
 Bangladesh Robi 68.7%%
 Cambodia Smart 100%
 India Vodafone Idea Limited 8.17%
   Nepal Ncell 80% [14]
 Indonesia Axis Unknown
 Indonesia XL 66.55%
 Malaysia Celcom 100%
 Pakistan Multinet 89.00%
 Singapore M1 29.12%
 Sri Lanka Dialog 83.32%

On 4 January 2018, Bloomberg reported that Axiata is planning a domestic IPO of its tower subsidiary Edotco.[4] The IPO is expected to raise as much as $500 million.[4]

References

  1. ↑ "Axiata Posts Better 3Q16 Performance in Key Indicators Lifted by Ncell's First Full Quarter Contribution". 2016-11-24. Retrieved 26 November 2017.
  2. 1 2 3 4 "Archived copy". Archived from the original on 25 July 2015. Retrieved 2015-07-25.
  3. ↑ http://www.theedgemarkets.com/en/node/317565
  4. 1 2 3 "Wireless carrier Axiata's unit may seek KL listing". The Straits Times. 2018-01-05. Retrieved 2018-01-06.
  5. ↑ "Axiata moves to centralise its treasury". FinanceAsia. 22 June 2010. Retrieved 28 June 2010.
  6. 1 2 "TM International to list on April 28". The Star. 12 April 2008. Retrieved 28 June 2010.
  7. 1 2 "TMI unveils new name but limits itself to Asia". The Star. 3 April 2009. Retrieved 28 June 2010.
  8. ↑ Axiata. "Axiata Group – One of Asia's largest telecommunications groups". axiata.com. Retrieved 2017-01-18.
  9. 1 2 "Axiata Delivers Another Strong Performance into 2010 with 1Q PATAMI of RM921 million" (PDF). Corporate Communications, Group Strategy, Axiata Group Berhad. 27 May 2010. Retrieved 28 June 2010.
  10. ↑ http://www.axiata.com/corporate/board-of-directors/
  11. ↑ Axiata. "Axiata Group – One of Asia's largest telecommunications groups". axiata.com. Retrieved 2017-01-18.
  12. ↑ Axiata. "Axiata Group – One of Asia's largest telecommunications groups". axiata.com. Retrieved 2017-01-18.
  13. ↑ "TeliaSonera quits nepal, Ncell sold to Malaysian Telco group Axiata for 1.03Bil USD • TechSansar.com". TechSansar.com. TechSansar. Retrieved 2015-12-21.
  14. ↑ "Malaysian giant acquires 80 per cent stake in Ncell for 1.36 billion US dollars". thehimalayantimes.com. Retrieved 2017-06-23.
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