Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Malaysia
  4. BURSA MALAYSIA
  5. Axiata Group Berhad
  6. News
  7. Summary
    AXIATA   MYL6888OO001

AXIATA GROUP BERHAD

(AXIATA)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Telenor CEO eyes more M&A deals after Malaysia

04/08/2021 | 05:59am EDT
FILE PHOTO: Sigve Brekke, President and CEO of Telenor, delivers a keynote speech during the Mobile World Congress in Barcelona

OSLO (Reuters) - Norwegian telecoms firm Telenor will seek opportunities for mergers and acquisitions in several of its Asian markets, as well as in Denmark, to obtain the size and cost savings needed for digital investments, its chief executive said on Thursday.

Telenor and Malaysia's Axiata Group are nearing a deal to combine their Malaysian mobile operations to create the country's top player, the two companies announced earlier on Thursday.

"In the last couple of years we've spoken of the need to affirm our positions in the five Asian markets in which we operate," Chief Executive Sigve Brekke told Reuters.

"This time we're doing it in Malaysia, and we're also saying we will look at opportunities in other countries," Brekke said, adding that Denmark was among the countries in need of market consolidation.

(Reporting by Terje Solsvik, editing by Victoria Klesty)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AFFIRM HOLDINGS, INC. 5.23% 155.3197 Delayed Quote.0.00%
AXIATA GROUP BERHAD -3.41% 3.96 End-of-day quote.5.88%
DIGI.COM BERHAD -1.14% 4.35 End-of-day quote.5.07%
GRAMEENPHONE LTD. 1.05% 365.5 End-of-day quote.5.30%
TELENOR ASA -0.18% 137.15 Real-time Quote.-5.83%
TOTAL ACCESS COMMUNICATION PUBLIC COMPANY LIMITED 0.00% 39.75 End-of-day quote.19.55%
All news about AXIATA GROUP BERHAD
10/13AXIATA BERHAD : Malaysian Timber Council Appoints First Chairwoman
MT
10/11Axiata, Sinar Mas Enter Talks about Potential Merger of Indonesian Telecom Units
MT
09/28AXIATA BERHAD : Group Unit to Sell Minority Stake in XL for $101 Million
MT
09/14AXIATA GROUP BERHAD : Ex-dividend day for interim dividend
FA
08/27Axiata Group Berhad Resolves Tax Exempt Single Tier Interim Dividend for the Second Qua..
CI
08/27Axiata Group Berhad Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
08/02Axiata Seeks to Acquire Majority Stake in Indonesia’s Link Net
MT
07/30Malaysia's Axiata seeks 66% stake in Indonesia's Link Net
RE
07/20TELENOR : Norway's Telenor raises annual outlook as Asian markets expand
RE
07/08MOVES-Citi taps CIMB banker for new TMT role as M&A booms in Southeast Asia
RE
More news
Analyst Recommendations on AXIATA GROUP BERHAD
More recommendations
Financials
Sales 2021 24 951 M 6 004 M 6 004 M
Net income 2021 1 019 M 245 M 245 M
Net Debt 2021 16 205 M 3 899 M 3 899 M
P/E ratio 2021 34,7x
Yield 2021 2,33%
Capitalization 36 324 M 8 737 M 8 740 M
EV / Sales 2021 2,11x
EV / Sales 2022 1,98x
Nbr of Employees 12 976
Free-Float 63,6%
Chart AXIATA GROUP BERHAD
Duration : Period :
Axiata Group Berhad Technical Analysis Chart | AXIATA | MYL6888OO001 | MarketScreener
Technical analysis trends AXIATA GROUP BERHAD
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 20
Last Close Price 3,96 MYR
Average target price 4,47 MYR
Spread / Average Target 12,9%
EPS Revisions
Managers and Directors
Mohammad Izzaddin bin Idris President, Group CEO, MD & Executive Director
Vivek Sood Group Chief Financial Officer
Ghazzali Abdul Khalid Non-Executive Chairman
Amandeep Singh Group Chief Technology Officer
Nirmal Anthony Rodrigo Group Chief Information Officer
Sector and Competitors
1st jan.Capi. (M$)
AXIATA GROUP BERHAD5.88%9 055
AT&T INC.-9.91%184 994
T-MOBILE US-9.57%152 177
SOFTBANK GROUP CORP.-18.42%100 665
KDDI CORPORATION21.53%72 158
AMÉRICA MÓVIL, S.A.B. DE C.V.23.40%57 847