TM and Axiata win big at Frost & Sullivan’s APAC awards
By Digital News Asia June 30, 2014
- TM had highest broadband revenue growth and highest ARPU in the region
- Axiata recorded highest subscriber growth and profitability in Asia Pacific
TELEKOM Malaysia Bhd and Axiata Group Bhd were among the companies recognised at the 11th consecutive Frost & Sullivan awards programme which recognises companies and individuals that have demonstrated best practices in their industry.
At the 2014 Frost & Sullivan Asia Pacific ICT Awards held on June 25 in Singapore, Telekom Malaysia (TM) received the Fixed Broadband Service Provider of the Year award for the third consecutive time.
TM demonstrated exemplary growth and performance in the fixed broadband segment, Frost & Sullivan said in a statement.
It achieved remarkable growth in terms of subscribers and broadband revenue during the year, and played a crucial role in increasing Malaysia’s fixed broadband penetration from 23% in 2009 to 67.1% in 2013.
TM also registered the highest gain (four percentage points) in its market share from 89% in 2012 to 93% in 2013, and has more than 41% of its subscribers on high-speed broadband. It also recorded the highest broadband revenue growth and has the highest ARPU (average revenue per user) in the region.
Meanwhile, Axiata was recoginsed as the Asia Pacific Telecom Group of the Year for the sixth consecutive time, Frost & Sullivan said.
In 2013, it successfully adapted to the changing needs of customers, and as a result observed the highest subscriber growth among all telecom groups in the Asia Pacific region.
The group’s proportional subscribers grew by 22%, and proportional revenues grew by 5.6% at constant currency.
It also showcased the highest operational profitability in the region by delivering an EBITDA (earnings before interest, tax, depreciation and amortisation) margin of 38.4%.
The group continued to transform itself by aligning itself with changing consumer preferences and technological advancements through several strategic initiatives and investments, Frost & Sullivan said.
“Against the background of the ever changing ICT industry, these leading companies have demonstrated a commitment to best practices, be it through customer appreciation, product or service innovation,” said Manoj Menon (pic), senior partner and managing director at Frost & Sullivan Asia Pacific.
“These factors, together with sound business strategies and a robust business model, have made them worthy industry leaders in Asia Pacific as they shape the ICT landscape of this region,” he added.
Frost & Sullivan identifies outstanding industry achievements in the past year by companies in regional and global markets, through in-depth interviews, market analysis, performance measurements, and benchmarking of market participants to bring unique best practices to the forefront.
Award recipients are evaluated based on their revenue growth, market share gains, leadership in new product introduction and innovation, breadth of products and solutions, major customer acquisition, and business and market strategy.
The results are then presented to an independent panel of judges, comprising influential personalities, decision-makers and thought leaders from the ICT sector across Asia Pacific. To view the complete list of judges on the 2014 ICT Awards judging panel, go to http://ict-awards.com/judges.shtml.
For more details on the 2014 Asia Pacific ICT Awards, go to http://www.ict-awards.com/. The complete list of winners (click to enlarge):
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