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Axiata

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Axiata Group Berhad
Type Public
Industry Telecommunications
Founded June 12, 1992
Headquarters Kuala Lumpur, Malaysia
Key people Dato Sri Jamaludin Ibrahim, President & Group Chief Executive Officer
Products Telecommunication Services
Revenue increase RM11.3 billion (USD3.2 billion) (2008)
Employees 25,000 Groupwide
Website www.axiata.com

Axiata Group Berhad (MYX: 6888), DBA Axiata (formerly known as TM International Berhad), is one of the leading telecommunication companies in Asia.

Contents

[edit] 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[1].

Formerly known as TM International Bhd(TMI), the company was incorporated in 12 June 1992, and was the mobile and international operations arm of Telekom Malaysia Bhd(TM)[2].Following the de-merger of TMI from TM, the company was listed on the Main Board of Bursa Malaysia Securities Berhad in 2008[2]. On 2 April 2009, TMI underwent a rebranding exercise, launching its new name, Axiata, and a new logo[3].

Their new tagline, Advancing Asia, was also launched, reflecting the direction of the company in focusing their expansion within Asia[3] The president and Group CEO, Datuk Seri Jamaludin Ibrahim commented to reporters of Malaysian newspapers, The Star, that this was to leverage on their strength as they knew the region well[3].

Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia, with significant strategic stakes in India, Singapore and Iran. The Group also has stakes in non-mobile telecommunication operations in Thailand and Pakistan[4].

[edit] Subsidiary Holdings

In their media release in 2010, it was announced that Axiata had subscriber in Asia and Group revenue of RM13.1 billion in 2009[4]. It was also reported that the company provided employment to 25,000 people in 10 countries[4].

Axiata’s mobile subsidiaries and associates operate under the brand name ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘HELLO’ in Cambodia, ‘Idea’ in India, ‘M1’ in Singapore and ‘MTCE’ in Iran (Esfahan)[4].

Axiata also has minority stakes in:

[edit] Global Offices

Axiata has operations in Malaysia, Indonesia, Sri Lanka, Bangladesh, Cambodia, India, Singapore, Iran, Pakistan and Thailand.

[edit] References

  1. ^ "Axiata moves to centralise its treasury". FinanceAsia. 22 June 2010. http://www.financeasia.com/News/215771,axiata-moves-to-centralise-its-treasury.aspx. Retrieved 28 June 2010. 
  2. ^ a b "TM International to list on April 28". TheStar. 12 April 2008. http://biz.thestar.com.my/news/story.asp?file=/2008/4/12/business/20935233&sec=business. Retrieved 28 June 2010. 
  3. ^ a b c "TMI unveils new name but limits itself to Asia". TheStar. 3 April 2009. http://biz.thestar.com.my/news/story.asp?file=/2009/4/3/business/3621132&sec=business. Retrieved 28 June 2010. 
  4. ^ a b c d "Axiata Delivers Another Strong Performance into 2010 with 1Q PATAMI of RM921 million". Corporate Communications, Group Strategy, Axiata Group Berhad. 27 May 2010. http://axiata.listedcompany.com/newsroom/AXIATA270510a.pdf. Retrieved 28 June 2010. 
  5. ^ "Axiata sees long-term gains from India price war". Dow Jones Newswires (Total Telecom). 2009-10-14. http://www.totaltele.com/view.aspx?ID=449794. Retrieved 2009-10-14. 

[edit] External links

Retrieved from "http://en.wikipedia.org/w/index.php?title=Axiata&oldid=465150530"
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