Axiata profits begin to recover after key market revenue slump

November 25, 2016  | Subscribers Only

Seth Wallis-Jones Seth Wallis-Jones Principal Analyst, Telecommunications
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Axiata has reported for the third quarter with revenues, boosted by currency fluctuations, rising by 2.8% quarter-on-quarter (q/q) and 7.7% year-on-year (y/y) to MYR 5.5billion ($1.23 billion). Profits rose significantly on the prior quarter but sank by 71.2% y/y to MYR 296.8 million.  

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Seth Wallis-Jones

Principal Analyst, Telecommunications

Seth Wallis-Jones, a principal research analyst at Omdia, covers operator strategies for the Service Providers and Platforms team.

Research by Market
Mobile & Telecom
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