Axiata Group Q3 net profit up by 27% (Malaysia)

On 11.25.10, In Mobile, By Editor

Axiata Group Bhd. has reported its Q3 results. The company’s fiscal third quarter net profit rose 27% and the company expects to exceed all its financial targets for the full year.

According to the company, its net profit rose to US$204.08 million, compared with US$160.08 million in the year-earlier period. Revenue increased 15% to US$1.25 billion from US$1.09 billion a year earlier. EBITDA increased by 33% helped by the performance of all units. The group’s EBITDA margin rose to 46.6% for the third quarter.

The company added that it expects to exceed its earlier set expectations for the full fiscal year 2010, given the current momentum. The company had earlier forecast 12.1% on-year growth in revenue, 14.1% growth in EBITDA and 10.7% growth in return on invested capital for 2010.

According to Jamaludin Ibrahim, group Chief Executive Officer, despite the competitive environment, the company is confident about their prospects for the rest of the year building on the three-quarters of growth they have steadily and consistently achieved. Axiata’s regional mobile subscribers grew 38% from a year earlier to 149 million as at Sept. 30.

Axiata, which has a market capitalization of about $5.0 billion, has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia, and holds stakes in companies serving India, Singapore and Iran.

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Dialog telecom to now become Dialog Axiata (Sri Lanka)

On 04.20.10, In Mobile, By Editor

www.WirelessFederation.com/news: In the line of the Malaysian parent group, the name of Sri Lanka’s dominant wireless operator Dialog Telekom has been intended to be changed to Dialog Axiata by the company. The owner of the cellco, Axiata Group was previously named TM International (a company spun off from Telekom Malaysia).

However, the current moniker was assumed in May 2009. According to the company, the name changes will accurately reflect its corporate identity, although the move is subject to approvals from shareholders and the company registrar.

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Indosat might be acquired by XL Axiata (Indonesia)

On 02.19.10, In Mobile, By Editor

www.WirelessFederation.com/news: Indonesia’s second largest mobile operator, Indosat might be acquired by XL Axiata by the end of 2010. Strong subscriber and revenue growth has been aimed by XL Axiata this year and it has also been confirmed by the company that dividend payments were likely to resume this year following a return to profit in 2009.

86.5% of XL Axiata is owned by Malaysia’s Axiata Group and 13.3% is owned by Etisalat of the UAE while the remaining 0.2% is publicly held.

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Millicom to exit Asia totally by Q1 of 2010. Sells Laos share to Vimpelcom for $66 Million.

On 09.23.09, In Mobile, By Editor

Millicom has agreed to sell its GSM business in Laos to Russia’s VimpelCom and has bidders lining up for its Sri Lankan operations, the sale of which will end Millicom’s activities in Asia. VimpelCom will pay about $66 million for Millicom’s 78 percent stake in Millicom Lao Co. Ltd.

Last month Millicom agreed to sell its 58.4 percent share in CamGSM, Royal Telecam International, and Cambodia Broadcasting to its Cambodian partner, The Royal Group, for $346 million in cash.

That leaves just Sri Lanka from Milicom’s Asian portfolio, and its operations there are also up for grabs. Millicom is the sole owner of Celltel Lanka (Pvt) Ltd.  It was the first mobile operator in Sri Lanka. Mobitel and Tigo both claim to be the second largest. Dialog GSM is the country’s largest operator.

Indian State owned, Bharat Sanchar Nigam Ltd. (BSNL), UAE’s Etisalat, Malaysia’s Axiata Group and India’s Bharti are also said to be bidding to acquire Tigo Lanka.

Axiata’s Dialog and Airtel already operate in Sri Lanka. Airtel winning the bid might sit better with the regulator since Axiata winning it would give Dialog an overwhelming position in the market.

Millicom expects to exit Asia Q1 of 2010. At the end of the first quarter, Millicom had a total of just over 4.5 million subscribers in Asia.  Millicom’s Asian Revenues for 2008 are at $262 million with an EBDITA of $101.5 million. This is a year-on-year increases of 24.4 percent and 27.5 percent respectively.VimpelCom will pay approx $66 million for Millicom’s 78 percent stake in Millicom Lao Co. Ltd.

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Tunetalk selects the XIUS-bcgi mobile services platform to launch Its MVNO services in South East Asia

On 04.29.09, In Mobile, By Editor

XIUS-bcgi, a leader in delivering innovative telecom solutions for mobile operators and MVNOs worldwide, and Tunetalk, Malaysia’s low-cost mobile phone operator, today announced that Tunetalk has chosen the XIUS-bcgi Mobile Services Platform (MSP) to power the launch and delivery of its paradigm-changing advertising supported, mobile phone service initially in Malaysia and subsequently to other countries in the ASEAN region.
XIUS-bcgi’s Mobile Services Platform is a next-generation convergent platform for Mobile Virtual Network Enablers (MVNEs), Mobile Virtual Network Operators (MVNOs) and new entrants into mobile telecommunications space.
Tunetalk was co-founded by Tony Fernandes, Group CEO of the successful low cost airline, AirAsia. Key investors include TuneVentures group and Celcom (Malaysia) Berhad, a subsidiary of Axiata Group Berhad (Formally known as TM International Berhad). The company hopes to replicate the success of AirAsia in the mobile space by becoming the first pan-Asean MVNO by expanding to Singapore, Indonesia, Thailand and the Philippines.
Tunetalk plans to provide attractively priced mobile services along with several value added features to create niche segment offerings.
The company has also established strategic relationships with retail partners for selling its MVNO services and for serving as end distribution points.
Tunetalk is launching on the Celcom network in Malaysia in 2009 and plans are underway for similar launches in 2010 in other countries in the region.
XIUS-bcgi will be responsible for the supply and turnkey management of the customized core network infrastructure for enabling Tunetalk’s mobile launch through its multi-country rollout.
Announcing the deal, G.V. Kumar, CEO of XIUS-bcgi, said, “XIUS-bcgi is very excited about the opportunity to work with such a pioneering organization as Tunetalk. The agreement is a clear demonstration and validation of the value and attractiveness of our Mobile Services Platform for innovative MVNOs aiming to acquire and support a large subscriber base within aggressive timelines.”
“XIUS-bcgi is clearly a leader in core network infrastructure for next-generation carriers looking to deploy innovative services, and we look forward to working with XIUS-bcgi and leveraging on their knowledge and experience in this area,” said Jason Lo, CEO of Tunetalk.
“We evaluated several service delivery alternatives and chose the MSP based on XIUS-bcgi’s proven performance and expertise in integrating and managing complex deployments. MSP will greatly enhance our capability to rollout innovative subscriber specific services, enabling us to concentrate on our core business. With XIUS-bcgi’s technology, Tunetalk will achieve flexibility in pricing, branding and service management across multiple network deployments.”
Added Upendra Bhatt, VP and Head of the Emerging Carriers SBU at XIUS-bcgi, This is an important strategic win for XIUS-bcgi, as it extends the global reach of our Mobile Services Platform into ASEAN markets. The contract with Tunetalk is a multi-million dollar, multi-year agreement and entails delivery of carrier grade core network infrastructure on a turnkey basis to power Tunetalk launch.”

About Tunetalk

Tune Talk Sdn. Bhd. is the latest investment of Tune Ventures Sdn. Bhd. and formed to be the next Mobile Virtual Network Operator (MVNO) in Malaysia. Having secured an MVNO agreement with Celcom (Malaysia) Bhd, Tune Talk is poised to launch in 2009.
Following the footsteps of Air Asia and other Tune Ventures, Tune Talk will revolutionize the industry with unique offerings and innovative value propositions. Tune Talk will focus on the underserved mass market in it’s aim to become the first Pan-ASEAN MVNO.

About XIUS-bcgi

XIUS-bcgi (a division of Megasoft Limited, BSE Code No.: 532408) is a leader in delivering innovative revenue-generating solutions to mobile operators and MVNOs worldwide. With 500+ employees, XIUS-bcgi architects infrastructure and mobile solutions that are flexible, scalable and robust – clearing the way for mobile operators to rapidly deliver differentiated services in order to gain first mover advantage and build subscriber loyalty. XIUS-bcgi has more than 100 installations throughout the world, and its customers include leading mobile operators such as Sprint, Telefonica, Etisalat, Embarq and Hutch. For more information, please visit www.xius-bcgi.com.

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