Axiata reports strong operational start to FY2024 with 1Q24 performance of double-digit growth in revenue, EBITDA and EBIT businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
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.
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.
KUALA LUMPUR, Dec 1 Axiata Group Bhd’s wholly-owned unit Axiata Investments (UK) Ltd has inked an unconditional sale and purchase agreement with Spectrlite UK Ltd for the.
Axiata Group secured a deal to sell off its majority share in its Nepalese operation Ncell, effectively ending the group’s business in Nepal after seven years due to a tax dispute.