Axiata Business Overview and Key Information

Axiata is a Malaysian telecommunications conglomerate that was founded in 1992. It is headquartered in Kuala Lumpur, Malaysia.

The company operates in 10 countries across Asia, including Malaysia, Indonesia, Thailand, and Sri Lanka. Axiata's presence in these countries allows it to reach a vast customer base.

Axiata's main business is providing mobile and fixed telecommunications services to its customers. It offers a range of services, including voice, data, and internet services.

Axiata's revenue for 2020 was approximately RM 23.6 billion, a significant increase from its revenue in previous years.

Axiata Group has a diverse portfolio of holdings across Asia. The company owns a significant stake in several telecommunications companies, including CelcomDigi in Malaysia, XLSmart in Indonesia, Dialog in Sri Lanka, and Robi in Bangladesh.

In Malaysia, Axiata owns 33.1% of CelcomDigi Berhad, a telecommunications company that provides mobile services to its subscribers. Axiata also owns 34.8% of PT XLSmart Telecom Sejahtera Tbk in Indonesia and 72.48% of Smart Axiata Co., Ltd in Cambodia.

Here are the details of Axiata's holdings:

Axiata also has a significant stake in other companies, including PT Link Net Tbk, where it owns 75.42% of the company's equities.

Axiata Group has a strong presence in the Indonesian market, where it holds second place behind Telkomsel. In 2019, Axiata Group's market position was solidified.

Axiata Group also operates in Bangladesh, where it holds second place as well, with Telenor's Grameenphone being its main competitor in the market.

Here's a breakdown of Axiata Group's competitors across different markets:

Note that these competitors are based on Axiata Group's market position in 2019, and the company's market share may have changed since then.

As we dive into the world of competitors, let's take a closer look at the companies that make up the Axiata Group.

Axiata Investments 2 (India) Ltd. is an investment holding Mauritian company, acquired by Axiata Group Bhd. in 2006 for $178.80 million.

Axiata Group has a diverse portfolio of companies across various sectors. Here are some of its notable subsidiaries:

These companies operate in various sectors, including finance, rental, and leasing, as well as wireless telecommunications.

Axiata Group has some strong competitors in the Indonesian market, with Telkomsel being the main one. In 2019, Axiata held second place in Indonesia.

In Bangladesh, Axiata's subsidiary Robi also held second place, and the main competitor was Telenor's Grameenphone. Telenor's presence in Bangladesh is a notable one, given its significant market share.

Here's a comparison of Axiata Group with its competitors in terms of headquarters and number of employees:

As you can see, Axiata Group has a significant presence in Malaysia, but its competitors have a much larger workforce.

Axiata is based in Kuala Lumpur, Malaysia. If you're planning a visit, you can find them at Level 23 of the Axiata Tower, located at 9 Jalan Stesen Sentral 5, KL Sentral, Kuala Lumpur 50470, MY.

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Axiata's IT services contracts are a crucial aspect of their business operations.

They offer IT outsourcing services, which can help streamline their internal processes and reduce costs.

Axiata also engages in business process outsourcing, allowing them to focus on core competencies while outsourcing non-core functions.

Their systems integration and consulting services help them stay up-to-date with the latest technology trends.

By leveraging these services, Axiata can improve its competitiveness in the market and better serve its customers.

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The Income Statement and Estimates for Axiata Group, a company listed under 6888 Stock, can be found in the Equities section of the Stock Market.

Axiata Group is a part of the APAC (Asia Pacific) region, which is a significant market for the company.

Here's a breakdown of the key financial charts available for Axiata Group:

Axiata has a rich history that spans over two decades. Founded in 1997, the company has grown to become one of the largest telecommunications groups in Asia.

The company's leadership has played a crucial role in its success. Tan Sri Jamaludin Ibrahim has been the President and Group Chief Executive Officer of Axiata since 2005.

Axiata's commitment to innovation and customer satisfaction has earned it numerous awards and recognition.

In 2025, Robi Axiata and Grameenphone unveiled next-generation 5G technology in September.

The telecommunications industry is constantly evolving, with companies like Boost Holdings Sdn Bhd partnering with UnionPay International to broaden its cross-border payment capabilities in July 2025.

Smart Axiata signed a memorandum of understanding with TrueMoney Cambodia in June 2025 to expand nationwide access to telecom and digital financial services.

These partnerships and collaborations demonstrate the industry's commitment to innovation and expansion.

The Executive Committee of Axiata Group is led by Vivek Sood, the CEO, who has been in the position since May 31, 2022. He's 61 years old.

Rizal Kamil bin Ibrahim serves as the Director of Finance/CFO, a role he took on December 31, 2023. He's 53 years old.

Thomas Hundt is the Chief Tech/Sci/R&D Officer, a position he's held since January 23, 2020. He's 48 years old.

Nirmal Rodrigo is also the Chief Tech/Sci/R&D Officer, a role he's had since July 31, 2017. He's 58 years old.

Abid Abdul Adam serves as the Compliance Officer, a position he's held since March 1, 2020. He's 44 years old.

Here's a list of the Executive Committee members:

Gopi Kurup is the CEO Axiata Enterprise of Axiata, leading the company's enterprise division.

Axiata's leadership has been instrumental in shaping the company's growth and success.

Axiata's performance in the wireless telecommunications market is worth noting. The company's stock price has seen a 5-day change of -0.38% as of October 24, 2025.

Axiata's parent company, Axiata Group Berhad, has made some key announcements recently. On October 12, it was reported that they are reactivating their plan to sell a majority stake in Edotco Group.

Here's a snapshot of Axiata's performance compared to its peers in the wireless telecommunications market:

Overall, Axiata's performance is in line with the average change in the wireless telecommunications market, which is +0.80% for the 5-day period.

The concept of "The" is quite straightforward in the context of wireless telecommunications. It refers to the ability of devices to transmit and receive data without the use of physical cables or wires.

In wireless telecommunications, the term "The" is often used to describe the fundamental principles of communication, such as transmission, reception, and signal processing. This is because wireless communication relies on radio waves to transmit data between devices.

Wireless devices, such as smartphones and laptops, use radio waves to communicate with cellular towers and other devices. This allows for seamless communication and data transfer without the need for physical connections.

The use of "The" in wireless telecommunications is essential for understanding the underlying technology and principles that make wireless communication possible.

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The wireless telecommunications market is constantly evolving, with new technologies and innovations emerging every year. The current market is led by Axiata Group, a Malaysian telecommunications company.

Axiata Group's stock price has seen a 5-day change of -0.38%, which is a relatively small fluctuation compared to other companies in the industry.

The company's 5-day change is -0.38%, while its 1-year change is +8.75%. This indicates a significant increase in the company's stock price over the past year.

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Axiata Group's market capitalization is $5.68 billion, which is a substantial amount of money. The company's market capitalization is one of the largest in the industry.

Here's a list of the top 5 companies in the wireless telecommunications market, along with their 5-day, 1-year, and 3-year changes:

The weighted average of the companies' stock prices has seen a 5-day change of -1.02%, a 1-year change of +50.06%, and a 3-year change of +125.33%.

Axiata's employees are its greatest asset, with over 25,000 people working across 15 countries.

The company has a diverse workforce, with people from various ethnic backgrounds and nationalities.

Axiata's management team is led by Ismail Ahmad, the President and Group Chief Executive Officer, who has been instrumental in shaping the company's growth strategy.

Axiata has a strong focus on employee development, with a comprehensive training program that equips employees with the skills they need to succeed in their roles.

The company also has a robust performance management system, which helps employees set and achieve their goals.

Axiata's commitment to employee well-being is evident in its provision of comprehensive benefits, including health insurance and retirement plans.

The company's culture is built on values such as integrity, respect, and teamwork, which are essential for creating a positive work environment.