Axiata Group Berhad wins Frost & Sullivan 2014 Asia Pacific ICT Award for Best Telecom Group for the 6th consecutive Year

Kuala Lumpur 26 June 2014, Axiata Group Berhad (Axiata) continued to gain momentum in the industry, taking top honours again at the Frost & Sullivan’s 2014 Asia Pacific ICT Award.  Axiata won the Best Telecom Group of the Year, for the 6th consecutive year.  This prestigious award is granted to the operator with a presence in at least 4 Asia Pacific markets that has shown exemplary growth and performance in 2013 in Asia Pacific through its investments in the region. Axiata Group also took home three awards in total with XL Axiata winning the Most Innovative Telecom Service Provider of the Year and Dialog Axiata was voted Best Emerging Market Service Provider of the Year.

To qualify for the Telecom Group of the Year category companies were studied on their growth and performance in 2013 in Asia Pacific through its investments in the region. Companies were studied on their revenues, product/service innovation, capabilities, subscriber growth and strength of regional footprint as well as overall contribution to the industry. As the group transformed its business by aligning itself with changing consumer preferences and technological advancements, the panel of judges was convinced with Axiata’s all-round performance.

Dato’ Sri Jamaludin Ibrahim, President and Chief Executive Officer of Axiata said “We are greatly honoured by the awards especially given the caliber of other players in the category. I thank the judges and Frost & Sullivan for the recognition. The award reflects the great team that we have with us and is really a collective victory to be fully shared with all our employees across the group. It has been a tremendous five years for Axiata and this award is testament to that.”

Serene Chan, Senior Industry Analyst, Asia Pacific ICT Practice, Frost & Sullivan said, “During CY2013, Axiata Group successfully adapted to the changing needs of customers, and as a result observed the highest subscriber growth among all telecom groups in the Asia Pacific region. Group’s proportional subscribers grew by 22%, and proportional revenues grew by 5.6% at constant currency. It also showcased the highest operational profitability in the region by delivering EBITDA margin of 38.4%.

Most of its subsidiaries and associates improved their competitiveness and outshone their peers on most of the operational metrics. Robi, Dialog, Smart and Idea Cellular in particular showcased exemplary performance in their operating countries. The group continues to transform itself by aligning with changing consumer preferences and technological advancements, through several strategic initiatives and investments, and is continuously progressing towards its strategic vision to be the regional champion by 2015.”

“The awards are an acknowledgement of the continued success of our operating companies in the region as well as an acknowledgement of the Group’s progress towards its regional ambitions. I am very happy to see XL and Dialog being recognized and I would like to congratulate all XL and Dialog employees.  A special mention must be made in particular to Pak Hasnul Suhaimi and Dr Hans, for their very able leadership” Dato’ Sri Jamaludin Ibrahim concluded.

ABOUT AXIATA

Axiata is one of the largest Asian telecommunications companies. Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia with significant strategic stakes in India and Singapore. In addition, the Malaysian grown holding company has stakes in non-mobile telecommunication operations in Thailand and Pakistan.

The Group’s mobile subsidiaries and associates operate under the brand name ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘Smart’ in Cambodia, ‘Idea’ in India and ‘M1’ in Singapore.

The Group, including its subsidiaries and associates, has over 250 million mobile subscribers in Asia. The Group revenue for 2013 was USD5.8 billion. The Group provides employment to over 20,000 people across Asia. Axiata’s vision is to be a regional champion by 2015 by piecing together the best throughout the region in connectivity, technology and talent, uniting them towards a single goal: Advancing Asia.

Axiata was awarded the Frost & Sullivan 2009, 2010, 2011, 2012 and 2013 Asia Pacific ICT Award for Best Telecom Group and the Telecom Asia Best Regional Mobile Group 2010 and 2011 for its operations in multiple Asian markets.

For further information on Axiata visit:

http://www.ranker.com/list/the-jakarta-globe-xl-axiata-axis-capital-group-merger-plans/abbyditter

AXIS Capital Corp Limited doesn’t discriminate

If you are thingking through currency trading, you have to go for an experienced trader who can handle financial losses like AXIS Capital Corp Limited, based in Belize City in Central America. I had an excellent experience with them. Because of the risk, forex trading is not appropriate for most investors but they certainly do not discriminate. You probably have the talent set to use forex successfully, or at least have a knowledge of the danger involved, you are most likely avoid getting defraud if you have been an active day trader.

Then again, the forex market is at the present more welcoming than ever to newer, lower-volume investors. Whereas volume investors encourage the majority of the $4 trillion dollar-per-day market, lower-volume investors have rising opportunities, too, according to some reviews that I read. Its history says minimum deposits were in the thousands; nowadays you can fund a new account with as little as $100, you can test out a few services without risking large sums of money with this low deposit requirement.

If you’re trading from the United States, we recommend that you consider AXIS Capital Corp Limited, based in Belize City in Central America, because of its low commission rate and easy online trades, which bids commission-free accounts. Traders located somewhere else in the world may desire to investigate AXIS Capital Corp Limited, an institution with a upright reputation for transparency. They furthermore present articles about forex trading, profiling the good and bad of various brokerages, along with full reviews of the top forex brokers. They also serve SE Asian countries such as KL Malaysia, Beijing China, Jakarta Indonesia, Bangkok Thailand and many more and there were no reported complaints.

This is one broker that doesn’t discrete or discriminate, particularly in terms of bonuses: new and existing customers alike are qualified for the broker’s large deposit bonus, regardless of the account type. The only ones that can’t take benefit of this offer are U.S. traders, as they are not allowed to sign up with the broker. Warning! Do not transact any business with scam companies.

For more information:

axiscapitalcorp.com

XL Axiata Gets $500m Loan to Aid in Axis Telekom Indonesia Acquisition The Jakarta Globe XL Axiata Axis Capital Group Merger Plans

Axiata logo is seen at its headquarters in Kuala Lumpur

http://www.thejakartaglobe.com/business/xl-axiata-gets-500m-loan-aid-axis-telekom-indonesia-acquisition/

Jakarta. XL Axiata, one of the largest mobile-phone operators in Indonesia, has obtained a $500 million loan from its holding company, Malaysia’s Axiata Group that will be used to finance the acquisition of Axis Telekom Indonesia.

 

The loan will have 2.41 percent interest rate for the next three years, according to a prospectus published in Bisnis Indonesia on Tuesday.

 

Axiata Group holds a 66.5 percent stake in Jakarta-based XL Axiata. Last September, XL Axiata agreed to buy a controlling stake in Axis from Saudi Telecom Company’s unit, Teleglobal Investment for $865 million, when it signed a deal with the Saudi telecommunications giant. In addition to the loan from Axiata, XL will seek bank loans to fund the balance of the acquisition.

 

On Monday, XL Axiata finally secured approval from Indonesia’s antimonopoly commission (KPPU) for its merger with Axis Telekom Indonesia after a long, drawn-out process.

 

KPPU’s approval indicates that the acquisition might be finalized by the end of this month.

 

The Financial Services Authority (OJK), which monitors listed companies such as XL Axiata, and the company’s shareholders have also approved the merger. The Ministry of Communications and Information Technology gave its approval last month.

 

XL Axiata, the second-largest telecommunication company in the country, will gain 13.3 million cellular subscribers from the acquisition to add to its current base of approximately 60.5 million.

 

Indonesia’s mobile-phone sector is dominated by three operators: Telekomunikasi Indonesia or Telkomsel, XL Axiata, and Indosat, a local unit of Qatar-based Ooredo.

 

Telkomsel had approximately 131.5 million subscribers as of December last year, while Indosat had 55 million.

 

Meanwhile, one of the smaller operators, Smartfren Telecom, is preparing $100 million in funds to finance expansion this year, in a bid to add more subscribers.

 

Smartfren, controlled by the Sinar Mas Group, was reported to have had around 11 million users by the end of 2013.