Strong Rebound in Third Quarter as Movement Restrictions Eased - 27/11/2020 |
AXIATA |
TELECOM/ICT Operators and Service Providers | Asia & Pacific | Malaysia |
Axiata Group Berhad bounced back in the third quarter ended 30 September 2020 (“3Q20”) to post better-than expected financial performance on the back of easing of lockdowns across the markets, bolstered also by solid fundamentals and operational resilience. On a reported basis, 3Q20 revenue recorded 5.5% increase QoQ at RM6.1 billion driven by contribution from all Operating Companies (“OpCos”) e (...) |
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Axiata COVID-19 Assistance Programme - 25/03/2020 |
Axiata Group Berhad |
TELECOM/ICT Operators and Service Providers | Asia & Pacific | Malaysia |
RM150 million (approx. USD35 million) cash fund to provide financial assistance to micro-SMEs in Malaysia that are economically affected by Covid-19. This fund includes an initial contribution of RM20 million from the Ministry of Finance, Malaysia. In essence, this is a micro-financing initiative through its subsidiary Axiata Digital, riding on its Aspirasi digital platform (https://aspirasi.co/), (...) |
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Perma Link Keywords: Micro-financing; Axiata; Aspirasi; micro-SME |