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Axiata registers higher core profit in Q1

reported steady revenue and improved margins in the in the first quarter, despite stiff competition in key markets.
Revenue in in the three-month ended March 31 rose 0.5% to RM6.1bil.
Earnings before interest, tax, depreciation and amortisation (ebitda) growth grew 7.5% to RM2.7bil, expanding at a faster rate than sales driven by Celcom and Axiata Digital.
Net profit, however, declined 60% to RM75.5mil from RM188mil from a year ago.
The drop was due to the accelerated depreciation of RM126mil and the higher one-off gain registered in the same quarter last year.
Excluding this, profit after tax and minority interests (Patami) expanded 85% to RM231mil. ....

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Axiata confident of delivering dividend target of 20 sen per share of 2024

is confident that it will be able to raise its dividend payout to 20 sen per share by 2024, which translates to a payout of RM1.8 billion in cash for a capital base of nine billion shares.
Group chief executive officer Datuk Izzaddin Idris said the telco has shifted its gear to transform into a high dividend company supported by short- to long-term strategies that would drive growth while creating long-term value for its shareholders.
Moving forward, our robust financial and structural fundamentals will bolster our defences against current and future uncertainties as we continue to capture emerging growth opportunities, accelerate digital transformation, invest in cutting-edge network infrastructure and deliver on the high dividend expectations of our shareholders,” he said in the Axiata Integrated Annual Report 2020 released today. ....

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GlobeX Data Ltd.: GlobeX Data Signs Distribution Agreement with Sri Lanka's Dialog Axiata Group - Part of Axiata Group - South Asia's Largest Telecom Operator - for its Swiss Hosted Sekur Secure Email and Secure Messaging Application

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TORONTO, ON and NEW YORK, NY / ACCESSWIRE / May 13, 2021 / GlobeX Data Ltd. (OTCQB:SWISF)(CSE:SWIS)(FRA:GDT) ( GlobeX or the Company ), the leader in Swiss hosted secure communications and secure data management, is pleased to report that it has signed a Distribution Agreement for a distribution deal in Sri Lanka with Dialog Broadband Networks (Private) Limited, part of Sri Lanka based Dialog Axiata PLC, itself part of Malaysia based telecom giant Axiata Group Berhad.
Dialog Axiata PLC, is one of Sri Lanka s largest telecommunications service providers, and the country s largest mobile network operator with 14.9 million subscribers which amounts to 57% of the Sri Lankan mobile market. Axiata Group Berhad (AXIATA) commonly known as Axiata, formerly known as TM International Berhad, is a publicly traded Malaysian multinational telecommunications conglomerate with extensive operations in Asia. It is one of the largest wireless carriers in the Malaysia. According to Axia ....

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Malaysia's Axiata, DiGi.Com shares suspend trading ahead of 'material announcement'

By Reuters Staff
1 Min Read
KUALA LUMPUR (Reuters) - Malaysia’s Axiata Group Bhd and DiGi.Com Bhd suspended trading of their shares on Thursday, pending a “material announcement”, both telecommunication companies said in exchange filings.
Last month, local newspaper The Star reported citing sources that talks have resumed between Telenor ASA, the largest shareholder in DiGi.Com, and Axiata for a merger between their mobile telecoms unit.
Both parties had explored in May 2019 a potential non-cash combination of their telecom and infrastructure assets in Asia in a new entity, but called off the talks in September.
Reporting by Liz Lee, Editing by Sherry Jacob-Phillips ....

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Robi reports 82% first-quarter profit growth

Senior Correspondent,
bdnews24.com
Published: 11 Apr 2021 10:12 PM BdST
Updated: 11 Apr 2021 10:12 PM BdST
Robi Axiata, which did not give the investors dividend despite its listing on the stock market, has reported a more than 82 percent growth in profit after tax or PAT in the first quarter of 2021.
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The mobile phone operator’s PAT rose to Tk 343 million in the January-March quarter this year from Tk 188 million in the same period last year.
The second largest telecom operator of Bangladesh in terms of subscriber base, Robi published the unaudited financial report for the latest quarter at a press conference in Dhaka on Sunday. ....

Mahtab Uddin Ahmed , Dhaka Stock Exchange , Dhaka Stock , Managing Director Mahtab Uddin Ahmed , Annual General Meeting , First Quarter , டாக்கா ஸ்டாக் பரிமாற்றம் , டாக்கா ஸ்டாக் , ஆண்டு ஜநரல் சந்தித்தல் , முதல் காலாண்டு ,