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Formerly | TM International Berhad (1992–2009) |
---|---|
Company type | Public |
MYX: 6888 | |
ISIN | MYL6888OO001 |
Industry | Telecommunications |
Founded | 12 June 1992 |
Headquarters | Axiata Tower, 9 Jalan Stesen Sentral 5, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Malaysia |
Areas served | Malaysia, Indonesia, Sri Lanka, Bangladesh & Cambodia |
Products | Mobile network, network infrastructure & digital internet |
Revenue | RM24.203 billion (2020) [1] |
RM1.171 billion (2020) [1] | |
RM624.045 million (2020) [1] | |
Total assets | RM67.961 billion (2020) [1] |
Total equity | RM23.879 billion (2020) [1] |
Owners |
|
Number of employees | >25,000 (groupwide) |
Subsidiaries | |
Website | axiata |
Axiata Group Berhad (commonly known as Axiata, formerly known as TM International Berhad), is a Malaysian multinational telecommunications conglomerate with extensive operations in Asia.
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. [2]
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). [3] Following the de-merger of TMI from TM, the company was listed on the Main Board of Bursa Malaysia Securities Berhad in 2008. [3] On 2 April 2009, TMI underwent a rebranding exercise, launching its new name, Axiata, and a new logo. [4]
Their new tagline, Advancing Asia, was also launched, reflecting the direction of the company in focusing their expansion within Asia. [4]
Axiata has controlling interests in mobile operators in Malaysia, Nepal, Indonesia, Sri Lanka, Bangladesh and Cambodia. [5] The Group also has stakes in non-mobile telecommunication operations in Thailand and Pakistan. [6]
Their Board of Directors contains:
In their website in 2019, it was announced that Axiata had approximately 150 million subscribers across Asia and Group revenue of MYR25.3 billion (US$5.77 billion) in 2018. [8] It was also reported that the company employed 12,000 people in eleven countries. [6]
Axiata's mobile subsidiaries and associates operate under the brand name 'Celcom' in Malaysia, 'XL' in Indonesia, 'Dialog' in Sri Lanka, 'Robi' in Bangladesh, and 'Smart' in Cambodia. The company formerly also operate under the brand name 'Ncell' in Nepal (acquisition from TeliaSonera completed on 12 April 2016 [9] ), 'M1' in Singapore, and 'Idea' in India.
Country | Brand | Ownership | |
---|---|---|---|
Bangladesh | Robi Axiata Limited | 61.82% | |
Cambodia | Smart Axiata Co., Ltd | 72.48% | |
Indonesia | PT XL Axiata Tbk | 66.60% | |
Malaysia | CelcomDigi Berhad | 33.1% | |
Sri Lanka | Dialog Axiata PLC | 83.01% | |
On 4 January 2018, Bloomberg reported that Axiata is planning a domestic IPO of its tower subsidiary edotco. [10] The IPO is expected to raise as much as $500 million. [10]
On 15 February 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. [11]
On 21 June 2021, Axiata, Telenor and Digi agree to a potential merger of Celcom and Digi to create a stronger telco in Malaysia, coming after advanced discussions that took place two months earlier. If approved, the merger will be completed by the end of 2022. [12] [13] [14] The deal was approved by both Celcom and Digi shareholders on 18 November 2022. The merged company is named CelcomDigi. At completion, Axiata and Telenor will hold equal ownership of 33.1% each in the newly merged company. The merger was completed on 30 November 2022 and the company began its operation the next day. [15] [16] [17] [18] [19] [20]
On December 1, 2023, the United Kingdom-based Spectrlite UK Limited acquired 100 percent shares of Reynolds Holdings Limited from Axiata UK of Axiata Group Berhad. Reynolds owns an 80 percent equity stake in Ncell. [21]
Axiata Group meets main competitors across the Indonesian market (Telkomsel). In 2019, Axiata held second place in Indonesia. [22] In Bangladesh, Axiata (Robi) also held second place, and the main competitor is Telenor (Grameenphone).
The primary regulator of telecommunications in Malaysia is the Malaysian Communications and Multimedia Commission (MCMC). It issues licenses under the Communications and Multimedia Act 1998, the Postal Services Act 2012 and the Digital Signature Act 1997.
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Celcom Axiata Berhad is the oldest mobile telecommunications provider in Malaysia. Celcom is a member of the Axiata group of companies. Celcom was merged with Digi to form CelcomDigi on 1 December 2022.
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CelcomDigi Berhad, formerly known as Digi.Com Berhad, is a communications conglomerate and mobile service provider in Malaysia. Axiata and Telenor hold equal ownership in CelcomDigi at 33.1% each. CelcomDigi is the largest wireless carrier in the Malaysia, with 20.3 million subscribers at the end of Q4 2022.
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This article is intended to give an overview of the history of telecommunications in Malaysia.
See also: Maxis, CelcomDigi, Yes, Unifi
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