Indonesia to engineer 4G migration with 2G tax hike

The Indonesian government has backed a mobile industry proposal to increase the tax on 2G handset sales. According to the Jakarta Post, the government wants to see a majority of the country’s users moving to 4G in the next three …

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Idea Cellular looks to offload tower business for $1.2B – report

Idea Cellular, India’s third-largest mobile operator, is reportedly working on a INR78.5 billion ($1.2 billion) deal to sell its independent tower business. According to The Economic Times, Malaysia’s Axiata and American Tower Corporation (ATC) have expressed interest in the business, …

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Axiata’s income drops 13% on rising costs at XL and Celcom

Malaysia’s Axiata Group reported a 13.3 per cent drop in its Q1 net profit as operating costs rose and growth slowed at its two largest units – Celcom and XL. The group’s net profit for the quarter fell year-on-year to MYR585 …

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Axiata’s profit drops 8% on Celcom slowdown, forex costs

Malaysia-based Axiata Group’s profit fell last year as growth in its key Malaysia market slowed and the weak rupiah erased strong revenue gains in Indonesia. Its profit after tax and minority interests (PATAMI) in 2014 fell 7.9 per cent to …

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Indosat tight-lipped on Hutch bid speculation

Indonesian operator Indosat said it could not comment on a local media report that it wanted to acquire smaller rival PT Hutchison 3 Indonesia — a deal that would create a new number two in one of Asia’s largest mobile …

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Axiata eyes stake in Vietnam’s MobiFone

Asian mobile operator Axiata has reportedly expressed interest in taking a stake in Vietnam’s state-owned MobiFone, which is scheduled to be privatised soon. Vietnam’s deputy minister of information and communications met with Axiata’s head of corporate development in Hanoi recently to …

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Axiata streamlines procurement with 3-year framework deal

Regional mobile operator Axiata plans to streamline procurement processing across subsidiaries in five countries, through a three-year framework deal with a number of vendors including Ericsson, Huawei and NEC. The operator said that by implementing a common platform for network …

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Axiata’s Q3 net profit falls 21% as Celcom, XL stumble

Axiata’s Q3 earnings fell sharply and revenue was down slightly as its two largest units, Celcom and XL, both faced declines in profits and revenue. The operator’s Q3 net profit decreased 21 per cent to MYR607 million ($181 million) while …

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