KUALA LUMPUR, April 5 ― Axiata Group Bhd’s share price rose by 1.53 per cent this morning, following news that its indirect subsidiary plans to dispose of its entire stake.
Axiata Group Bhd is selling its Myanmar telecommunication tower business below its original cost of investment as it scouts for ways to slash its massive borrowings of almost RM25bil.
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.
Telecoms tower company edotco announced a new partnership with integrated network solutions provider Zeta IOS to provide satellite-based solutions to boost rural connectivity in Malaysia.