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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Globe claims crown for mPoS

Philippines operator Globe says a 60 per cent growth in customer numbers in 2014 gave it leadership in the country’s mobile Point-of-Sale (mPoS) market, most likely at the expense of unnamed rival Smart. The actual size of the Global Charge …

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Globe lines up against arch rival Smart with payments alliance

Globe, the second largest operator in the Philippines, has signed an MoU with e-commerce firm Lazada so that its GCash wallet can be used for payments on its partner’s sites across South East Asia. The announcement comes just a few …

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Globe works with RCBC to widen reach of mobile money services

G-Xchange, a subsidiary of Globe Telecom, is partnering with Rizal Commercial Banking Corporation (RCBC) to provide mobile money services to GCash and RCBC account holders. Under the partnership, GCash will provide mobile accessibility to the customers of RCBC, which caters …

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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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Asia Briefs: China shuts down 50 websites, Smart offers unlimited Twitter during Pope’s visit & more

In a regular series, Mobile World Live‘s Asia Editor Joseph Waring provides a regional roundup of news snippets: China shuts down 50 websites The Chinese government has shut down almost 50 websites and social media accounts over the past two …

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PLDT, Rocket Internet form emerging markets vehicle

Philippines telecoms giant PLDT and Rocket Internet, the German investor, are each contributing their payment activities to a mobile-first venture with a focus on emerging markets. PLDT, an innovator domestically over many years in payments, will contribute the IP, platforms …

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PLDT sees strong growth in broadband, improved profits

PLDT, the largest telecoms operator in the Philippines, expanded its wireless broadband subscriber base 10 per cent to almost 2.7 million in the first nine months of the year, while fixed broadband connections rose 11 per cent to 1.1 million. …

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Philippines: Low ARPU vs high mobile engagement

NEW ANALYSIS: Mobile internet usage is soaring in the Philippines — almost 40 per cent of mobile subscribers have 3G and a quarter have a smartphone. Ninety per cent of the country’s active internet users regularly access social media. Yet …

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