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Axiata

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Axiata Group Berhad
FormerlyTM International Berhad
(1992–2009)
Company typePublic
MYX: 6888
ISINMYL6888OO001
IndustryTelecommunications
FoundedJune 12, 1992; 32 years ago (1992-06-12)
HeadquartersAxiata Tower, 9 Jalan Stesen Sentral 5, Kuala Lumpur Sentral, 50470 Kuala Lumpur
Areas served
Nepal, Malaysia, Indonesia, Sri Lanka, Bangladesh, Cambodia, India, Pakistan
Key people
Ghazzali Sheikh Abdul Khalid, Chairman
Jamaludin Ibrahim, Managing Director/President/Group Chief Executive Officer
ProductsMobile Network Operation, Network Infrastructure & Digital Internet Company
RevenueIncrease MYR 24.4 billion 2017[1]
MYR 21.6 billion 2016[2]
MYR 19.9 billion 2015[2]
Increase MYR 1.2 billion 2017[3]
MYR 504.3 million 2016[2]
MYR 2.6 billion 2015[2]
Number of employees
>25,000 (groupwide)
ParentKhazanah Nasional
Subsidiaries
Websiteaxiata.com

Axiata Group Berhad, commonly known as Axiata, is a Malaysian multinational telecommunications conglomerate with extensive operations in Asia. It is one of the largest wireless carriers in the country.[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 ASEAN and South 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 Ghazzali Sheikh Abdul Khalid, - Chairman, Non-Executive Director
  • Tan Sri Jamaludin Ibrahim - Managing Director/President and Group Chief Executive
  • David Lau Nai Pek - Senior Independent, Non-Executive Director
  • Dr David R Dean- Senior Independent, Non-Executive Director
  • Dato Dr Nik Ramlah Nik Mahmood - Independent, Non-Executive Director
  • Dr Lisa Lim Poh Lin - Independent, Non-Executive Director
  • Khoo Gaik Bee - Independent, Non-Executive Director
  • Muhamad Chatib Basri - Independent, Non-Executive Director
  • Tengku Dato’ Sri Azmil Zahruddin bin Raja Abdul Aziz - Non-Independent, Non-Executive Director
  • Dato' Mohd Izzadin Idris - Non-Independent, Non-Executive Director [10]

Subsidiary holdings

In their website in 2019, it was announced that Axiata had approximately 150 million subscribers across Asia and Group revenue of MYR25.3 billion (USD5.77 billion) in 2018.[11] It was also reported that the company employed 12,000 people in eleven 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[12]), and until recently, ‘M1’ in Singapore. On February 15, 2019 Axiata sold off its entire shares in 'M1' to Konnectivity Pte Ltd for RM1.65 billion, citing the need for capital reallocation and new priorities in line with its vision to be the Next Generation Digital Champion by 2022.[13]

Country Brand Ownership
 Bangladesh Robi 68.7%
 Cambodia Smart 100%
 India Vodafone Idea Limited 8.17%
 Nepal Ncell 80% [14]
 Indonesia XL 66.55%
 Malaysia Celcom 100%
 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]

Competitors

Axiata Group meets main competitors across the Indonesian market (Telkomsel). In 2019, Axiata held second place in Indonesia.[15] In Bangladesh, Axiata (Robi) also held second place, and the main competitor is Telenor (Grameenphone).

References

  1. ^ "Axiata Posts Better 3Q16 Performance in Key Indicators Lifted by Ncell's First Full Quarter Contribution". 24 November 2018. Retrieved 26 November 2017.
  2. ^ a b c d "Archived copy". Archived from the original on 25 July 2015. Retrieved 25 July 2015.{{cite web}}: CS1 maint: archived copy as title (link)
  3. ^ http://www.theedgemarkets.com/en/node/317565
  4. ^ a b c "Wireless carrier Axiata's unit may seek KL listing". The Straits Times. 5 January 2018. Retrieved 6 January 2018.
  5. ^ "Axiata moves to centralise its treasury". FinanceAsia. 22 June 2010. Retrieved 28 June 2010.
  6. ^ a b "TM International to list on April 28". The Star. 12 April 2008. Retrieved 28 June 2010.
  7. ^ a b "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. Archived from the original on 18 January 2017. Retrieved 18 January 2017.
  9. ^ a b "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. ^ Axiata. "Axiata Group – One of Asia's largest telecommunications groups". axiata.com. Archived from the original on 18 January 2017. Retrieved 18 January 2017.
  11. ^ Axiata. "Axiata Group – One of Asia's largest telecommunications groups". axiata.com. Retrieved 18 January 2017.
  12. ^ "TeliaSonera quits nepal, Ncell sold to Malaysian Telco group Axiata for 1.03Bil USD • TechSansar.com". TechSansar.com. TechSansar. Retrieved 21 December 2015.
  13. ^ https://www.nst.com.my/business/2019/02/460549/axiata-disposed-its-unit-m1-ltd-rm165-bil
  14. ^ "Malaysian giant acquires 80 per cent stake in Ncell for 1.36 billion US dollars". thehimalayantimes.com. Retrieved 23 June 2017.
  15. ^ Empat Tahun Menahkodai XL, Apa Yang Sudah Ditorehkan Dian Siswarini? Accessed April 15, 2019.


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