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Tag: axiata
Axiata Group revenue up nearly 13%, profit plunges 63%
2016-08-25 11:00:00| Telecompaper Headlines
(Telecompaper) Asian operator Axiata Group reported second-quarter revenue of MYR 5.3 billion, which represents an increase of 12.8 percent year-on-year. Revenue growth was mainly boosted by the consolidation of revenue from Nepal in the second quarter of 2016, and higher revenues in Sri Lanka, coupled with a positive translation impact. At constant currency, Group revenue registered an increase of 8.6 percent. EBITDA jumped 20.4 percent year-on-year to MYR 2.1 billion, and margin increased by 2.5 percentage points to 38.9 percent at 30 June 2016.
Tags: group
profit
revenue
plunges
Dialog Axiata appoints new CEO
2016-07-13 02:00:00| Total Telecom industry news
Sri Lankan operator says new leader will take over on 1 January 2017.
Tags: ceo
dialog
appoints
axiata
XL Axiata raises 239m from towers sale
2016-03-29 02:00:00| Total Telecom industry news
Indonesia's Protelindo to acquire 2,500 towers; deal to close by 30 June.
Axiata issues $500m bond to fund Ncell buy
2016-03-16 01:00:00| Total Telecom industry news
Malaysian operator is in the process of acquiring Nepalese mobile operator from TeliaSonera.
Airtel, Axiata to merge operations in Sri Lanka - report
2016-02-11 13:43:00| Telecompaper Headlines
(Telecompaper) Indian mobile operator Bharti Airtel is in talks to merge its Sri Lanka unit into Dialog Axiata. The transactions involves a share-swap deal, ET reports, citing two unnamed people familiar with the matter. A potential Airtel Lanka-Dialog Axiata merger will be similar to the recent merger of Bharti Airtel and Axiata's telecom units in Bangladesh. Axiata will be the dominant shareholder and Airtel a strategic minority holder in the combined entity, the same sources added.
Tags: report
operations
sri
lanka