ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Communications

Axiata Group Bhd.

Company Background

Mobile telecommunications operator Axiata calls itself an Asiacentric multinational. Its rationale: It has controlling interests in cellular companies in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia as well as strategic stakes in India and Singapore. With a subscriber base exceeding 240 million -- a number that has grown sixfold since 2007 -- the group is one of Asia's biggest mobile operators.

 

Axiata was one of the earliest to roll out 4G services in Malaysia and Sri Lanka. The group is also one of the region's biggest telecommunications tower players, owning more than 13,000 towers in four countries via Edotco Group, a subsidiary Axiata plans to list in the near future.

 

Axiata was incorporated in 1992 as an international business division of Telekom Malaysia, the state telecommunications company. It was separated from Telekom and subsequently listed in 2008. Khazanah Nasional and other state funds combined hold more than 60% of Axiata's shares. The group is led by its President and CEO Jamaludin Ibrahim, a former IBM engineer who joined Axiata in 2008 after nine years as CEO of Maxis Communications, a leading Malaysian mobile operator.

Business Summary

Axiata Group Bhd. operates as an investment holding company, which engages in the provision of mobile communication and network transmission related services. It operates through the following segments: Mobile, Infrastructure, and Others. The Mobile segment provides mobile services, interconnect services, pay television transmission services, and other data services. The Infrastructure segment offers telecommunication infrastructure and services. The Others segment involves digital services. The company was founded on June 12, 1992 and is headquartered in Kuala Lumpur, Malaysia.

Financial Highlights

Dec 2020 MYRUSD
Revenue24,203.17M5,759.62M
Gross Profit6,255.20M1,488.55M
Operating income2,346.71M558.44M
Income before tax1,152.39M274.23M
Net income365.15M86.89M
EBITDA10,596.59M2,521.67M
Diluted EPS0.030.00
Dividends Per Share0.070.01
Total Assets68,756.69M17,093.02M
Total liabilities44,877.26M11,156.56M
Total equity17,641.14M4,385.61M
Operating cash flow7,333.68M1,745.19M
Currency in MYRCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 21,565.39M 24,402.40M 23,885.78M 24,583.31M 24,203.17M
Gross Profit 8,142.08M 9,145.65M 6,956.59M 7,475.03M 6,255.20M
Operating income 2,708.19M 3,482.46M 1,212.08M 3,554.09M 2,346.71M
Income before tax 1,104.29M 2,337.89M -4,048.45M 2,783.20M 1,152.39M
Net income 504.25M 909.48M -4,762.02M 1,457.55M 365.15M
EBITDA 8,303.10M 9,470.21M 8,465.49M 10,617.68M 10,596.59M
Diluted EPS 0.05 0.10 -0.52 0.15 0.03
Dividends Per Share 0.08 0.08 0.09 0.09 0.07
Total Assets 71,511.33M 70,689.62M 63,855.02M 67,471.32M 68,756.69M
Total liabilities 42,647.33M 39,914.12M 40,640.32M 45,251.29M 44,877.26M
Total equity 23,580.65M 24,731.13M 17,476.79M 16,180.79M 17,641.14M
Operating cash flow 7,080.13M 6,064.88M 6,283.99M 8,768.84M 7,333.68M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 5,205.61M 5,675.61M 5,919.09M 5,933.72M 5,759.62M
Gross Profit 1,965.39M 2,127.13M 1,723.90M 1,804.26M 1,488.55M
Operating income 653.72M 809.96M 300.36M 857.85M 558.44M
Income before tax 266.56M 543.75M -1,003.24M 671.78M 274.23M
Net income 121.72M 211.53M -1,180.06M 351.81M 86.89M
EBITDA 2,004.26M 2,202.62M 2,097.82M 2,562.81M 2,521.67M
Diluted EPS 0.01 0.02 -0.13 0.03 0.00
Dividends Per Share 0.01 0.01 0.02 0.02 0.01
Total Assets 15,941.00M 17,467.16M 15,451.91M 16,494.63M 17,093.02M
Total liabilities 9,506.76M 9,862.64M 9,834.31M 11,062.53M 11,156.56M
Total equity 5,256.49M 6,110.97M 4,229.11M 3,955.70M 4,385.61M
Operating cash flow 1,709.05M 1,410.59M 1,557.22M 2,116.55M 1,745.19M

Valuation Measures

Dec 2020
PER93.96
ROA0.53%
ROE2.15%
Operating margin9.69%
Profit margin1.50%

Key executives

  • President, Group CEO, MD & Executive Director: Mohammad Izzaddin bin Idris
  • Group Chief Financial Officer: Vivek Sood
  • Group Chief Technology Officer: Amandeep Singh
  • Group Chief Information Officer: Nirmal Anthony Rodrigo
  • Group Executive Vice President-Technology: Thomas Hundt

Shareholders

  • Khazanah Nasional Bhd. (Investment Company) (36.7%)
  • Employees Provident Fund (16.9%)
  • Permodalan Nasional Bhd. (16.6%)
  • Kumpulan Wang Persaraan (2.9%)
  • Public Mutual Bhd. (2.1%)
  • Bumiputra Investment Foundation (1.6%)
  • The Vanguard Group, Inc. (1.5%)
  • AIA Bhd. (1.3%)
  • Great Eastern Life Assurance Co. Ltd. (1.1%)
  • Urusharta Jamaah Sdn. Bhd. (0.8%)

Contact Details

  • Website:http://www.axiata.com
  • Address: Axiata Tower, 9 Jalan Stesen Sentral 5, Kuala Lumpur, 50470, Malaysia
  • Phone: +60.3.2263.8888

Related Companies

  • Axiata SPV5 (Labuan) Ltd.
  • Boost Holdings Sdn. Bhd.
  • Axiata Group Bhd. /Asian Operations/
  • Axiata Investments (UK) Ltd.
  • Axiata Digital Services Sdn. Bhd.
  • Hello Axiata Co., Ltd.
  • Axiata Investments (Cambodia) Ltd.
  • Axiata SPV2 Bhd.
  • Alpine Resources Sdn. Bhd.
  • Suvitech Co., Ltd.
  • Airtel Bangladesh Ltd.
  • Axiata Investments (Labuan) Ltd.
  • Axiata SPV1 (Labuan) Ltd.
  • Axiata Investments 1 (India) Ltd.
  • Robi Axiata Ltd.
  • TM International (L) Ltd.
  • Dialog Axiata PLC
  • PT XL Axiata Tbk
  • Celcom Axiata Bhd.

Competitors

    Last Updated on 17 Sep, 2021

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

    Stay ahead with our exclusives on Asia;
    the most dynamic market in the world.

    Stay ahead with our exclusives on Asia

    Get trusted insights from experts within Asia itself.

    Get trusted insights from experts
    within Asia itself.

    Try 1 month for $0.99

    You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

    This is your last free article this month

    Stay ahead with our exclusives on Asia; the most
    dynamic market in the world
    .

    Get trusted insights from experts
    within Asia itself.

    Try 3 months for $9

    Offer ends July 31st

    Your trial period has expired

    You need a subscription to...

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers and subscribe

    Your full access to Nikkei Asia has expired

    You need a subscription to:

    • Read all stories with unlimited access
    • Use our mobile and tablet apps
    See all offers
    NAR on print phone, device, and tablet media

    Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

    Celebrate our next chapter
    Free access for everyone - Sep. 30

    Find out more