Digi-Celcom merger to drive digitalisation
KUALA LUMPUR: Axiata Group Bhd (Axiata) and Digi.Com Bhd are looking forward to realising the potential of the proposed merger company (MergeCo) in terms of strengthening the capacity to drive digitalisation for consumers, businesses, the partner ecosystem and the development of local talent. In a joint statement yesterday, both parties said MergeCo will provide better […]
Axiatá’s FY2021 net profit up at RM818.9 mln
AXIATA Group Bhd’s net profit jumped to RM818.90 million in the financial year ended Dec 31, 2021 (FY2021) from RM365.16 million a year ago. Revenue rose 7.0 per cent to RM25.90 billion from RM24.20 billion previously, while earnings before interest, taxes, depreciation, and amortisation (EBITDA) also increased 7.0 per cent to RM11.40 billion from RM10.66 […]
Axiata Digital secures RM299.36 mln strategic investment to spur DFS
KUALA LUMPUR: Axiata Group Bhd’s digital arm service Axiata Digital Services Sdn Bhd has secured a strategic investment of US$70 mln (RM299.36mln) from Great Eastern Holdings Ltd to spur its fast-growing digital financial services (DFS) across the region. With the investment, Great Eastern takes a 21.87 percent stake in Axiata Digital’s DFS business, Boost Holdings […]
