Mergers and acquisitions (M&As) may be on the cards for mobile telecommunications group Axiata Group Bhd this year, as some of the Asian markets are ripe for consolidation.
Mobile operator Digi.Com Bhd's efforts to focus on the data business and improve the mobile Internet experience appear to be yielding positive results.
For the fourth quarter ended Dec 31 2014, Maxis Bhd registered a 2.2% quarterly growth in service revenue, up to RM2.094 billion from RM2.049 billion in the third quarter.
Fusionex International founder Ivan Teh is certainly very confident about his company’s prospects, and is targeting a 10fold growth over the next three years. Goh Thean Eu finds out what exactly is driving this optimism.
M1 Limited said its net profit after tax for its 2014 fiscal year which ended Dec 31 increased 9.7% year-on-year to S$175.8 million (US$133 million).
Celcom reported third quarter 2014 revenue of RM1.93 billion, an approximately 1% dip from the previous quarter’s RM1.95 billion, although overall data revenue grew 20.4% to RM1.2 billion.
MOL Global Inc, an e-payments company based in Malaysia, continued to face the backlash of disappointed investors as its share price plunged more than 80% from the opening price on its Nasdaq debut on Oct 9, 2014.
A better way to measure telcos is ROCE or ROIC This comes as Axiata sees EBITDA margin fall
Nasdaq-listed MOL Global Inc, which had a dismal debut on the stock exchange, announced it would delay reporting its third quarter 2014 financial results and that its CFO had resigned, which saw its shares plunge and US law firms announcing they were investigating the company.
Maxis reported service revenue remained steady at RM2.049 billion in its third quarter (Q3 2014) ended Sept 30, 2014, while normalised profit after tax inched up 2.9% from the RM480 million registered in Q2 2014 to hit RM494 million.