Mark Chang exits JobStreet.com, James Khoo of SecQ.me exits but under different circumstances, while MOL Global’s Ganesh Bangah Kumar has to deal with the fallout from his CFO quitting on the eve of his debut results announcement. It’s a tale of exits in the ecosystem this week!
A better way to measure telcos is ROCE or ROIC This comes as Axiata sees EBITDA margin fall
Malaysian entrepreneurs are a happy bunch this week with two new funding channels opening up for them. But with the country also looking to attract talent from overseas to launch their ideas from Malaysia, DNA founder Karamjit Singh wonders if the Government should be more practical here.
Axiata Group starts its journey investing into startups with the creation of the bumiputera-focused US$30-million (RM100-million) Axiata Digital Innovation Fund, together with Mavcap.
Heightened competition is a given and Karamjit Singh learned how to rephrase a standard question in the toolkit of journalists, thanks to his attending back-to-back press conferences by Axiata and Telekom Malaysia.
Axiata group CEO Jamaludin Ibrahim has set a target for at least five of the group’s companies to become digital telco companies by 2019. The group however has to make up for lost time compared with SingTel and Telenor, writes Karamjit Singh.
Suresh Sidhu, the current chief corporate and operations officer of Celcom Axiata Bhd, has been made CEO of e.co, an infrastructure company owned by Axiata.
Celcom Axiata Berhad (Celcom), a wholly-owned subsidiary of the Axiata Group Berhad, has awarded Nokia Solutions and Networks (NSN) a three-year contract for its LTE (Long Term Evolution) solutions and services in the Klang Valley, which comprises Kuala Lumpur and the surrounding suburbs.
In a move that one telco consultant calls a “very smart diversification strategy,” Celcom Axiata Bhd is believed to have taken a 20% stake in Merchantrade Asia Sdn Bhd, a leading remittance provider and since 2008, a Mobile Virtual Network Operator (MVNO) with around 500,000 active subscribers at present.
LinkedIn, which claims more than 187 million members worldwide, announced it has surpassed one million members in Malaysia, adding that the launch of its Bahasa Malaysia language site in 2011 spurred a whole new generation of users locally.