News

Smart acquisition paid off for Malaysian firm

Axiata, the Malaysia-based parent company of Cambodia’s second-largest telecommunications provider, Smart, posted a rise in total revenues for 2013 to $5.5 billion. The boost represents a 4.1 per cent increase from the fourth quarter of the previous year. Driven by its Malaysian, Bangladeshi and Cambodian operations, ...

Eddie Morton
http://www.phnompenhpost.com/business/smart-acquisition-paid-malaysian-firm

Axiata to offer free Wikipedia for mobiles

AXIATA Group Berhad, parent company of local telecommunications provider Smart, and Wikipedia operator the Wikimedia Foundation announced a partnership to offer Wikipedia on mobile devices free of data charges to Axiata customers throughout Asia, a press release said. “Wikipedia is free as such already, but notwithstanding ...

http://www.phnompenhpost.com/2013032164545/Business/axiata-to-offer-free-wikipedia-for-mobiles.html

Axiata's Cambodian unit expands through M&A

Axiata Group Bhd is set to strengthen its foothold in Cambodia through a merger between Hello Axiata Company Ltd and Latelz Company Ltd, which it acquires for a consideration of US$155mil (RM473mil). In a statement, Axiata announced that its Cambodian arm had entered into a sales ...

http://biz.thestar.com.my/news/story.asp?file=/2012/12/13/business/20121213134936&sec=business

Tariffs May Prompt Thaicom Move

Steep price cuts by mobile operator Hello may prompt Thaicom to sell its majority stake in Mfone, according to investment firm Cambodia Capital. Cambodia Capital claims Hello’s drop in the tariffs it charges customers this year has heavily impacted Mfone’s operations, as well as those ...

http://www.phnompenhpost.com/index.php/2011081951137/Business/tariffs-may-prompt-thaicom-move.html

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