Telcos to ride on 5G monetisation opportunities
KUALA LUMPUR: Telcos are seeking out fresh opportunities to monetise the 5G network, including targeting high net worth retail customers to derive higher revenue.
Source: thestar.com.my
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Axiata records revenue growth from continuing ops in FY23
KUALA LUMPUR: While experiencing setbacks from its decision to exit Nepal and Myanmar, Axiata Bhd said it registered a positive performance from continuing operations in FY23.
Source: thestar.com.my
Axiata posts net loss of RM1.99b in FY2023
KUALA LUMPUR, Feb 22 — Axiata Group Bhd posted a net loss of RM1.99 billion in the financial year ended Dec 31, 2023 (FY2023) against a net profit of RM9.75 billion in the...
Source: malaymail.com
Axiata posts revenue of RM22bil for FY23
Telecommunications giant Axiata Group Bhd has announced it will be exiting the Myanmar market after posting a net loss of RM1.99bil for the financial year ended Dec 31, 2023 (FY23) on a turnover of RM22bil, compared to a net profit of RM9.75bil the year before.
Source: thestar.com.my
Malaysia's KLCI index reverses three-session increasing streak
Malaysian stocks reversed a three-day winning streak Wednesday, with the benchmark FTSE Bursa Malaysia KLCI declining 0.2% to 1,552.40. Axiata Group a...
Source: marketwatch.com