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Dialog Axiata adds Eros Now to its ViU OTT app in Sri Lanka
2018-06-28 16:30:01| Digital TV News
Dialog Axiata has announced a partnership with Eros International to launch its premier Video Over The Top (OTT) platform, Eros Now. The deal allows users in Sri Lanka to browse through over 20,000 hours of original Indian content in over 10 languages.
Axiata posts revenue, earnings hike
2017-11-23 01:00:00| Total Telecom industry news
Axiata on Thursday posted a solid set of financial results for the period to the end of September, but the figures show there is still work to be done at its domestic business. The Malaysia-based telecoms group reported revenue of 6.2 billion ringgit (&euro…read more on TotalTele.com »
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revenue
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Axiata spends close to $1bn on Pakistan towers
2017-08-30 02:00:00| Total Telecom industry news
Malaysia's Axiata on Wednesday announced that it has brokered a deal to acquire 13,000 telecoms towers from Pakistan Mobile Communications Ltd (PMCL), strengthening its position as a multi-national towers operator. The telco has partnered with Pakistani investment conglomerate Dawood Hercules Corp on the deal. Together the pair have agreed to pay US$940 million for Deodar, PMCL's towers subsidiary. They will fund the deal through a combination of $600 million in external local debt and an equity split of $174 million from Axiata's edotco business and $166 million by Dawood Hercules…read more on TotalTele.com »
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pakistan
towers
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Axiata seeks buyers for overseas units - report
2016-09-14 09:00:00| Telecompaper Headlines
(Telecompaper) Malaysia's Axiata Group plans to reduce states in some of its overseas operations. With these planned asset sales, Axiata Group could raise up to USD 700 million, Bloomberg reports, citing unnamed people familiar with the matter. According to the same source, Axiata is currently seeking a buyer for its 11 percent stake in Indonesian unit XL Axiata, which has a market value of USD 2.2 billion. The Group also wants to sell a 30 percent stake in Sri Lanka unit Dialog Axiata and Cambodian subsidiary Smart Axiata, the sources added.
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units
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Axiata explores options amid sale rumours
2016-09-14 02:00:00| Total Telecom industry news
Malaysian operator responds to report alleging it plans to cut holdings in overseas businesses in order to raise $700 million.
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