
SINGAPORE -- Malaysian telecom company Axiata Group is broadening its footprint in developing Asia in a bid to cash in on anticipated high growth.
Axiata started off in 1992 as a subsidiary of the government-affiliated Telekom Malaysia. It was spun off in 2008 and floated in the Malaysian stock market. In addition to mobile telephone and data services, the company also handles upstream operations, such as building and maintaining base towers.