Axiata Group Berhad (AXXTF) Research

Axiata Group Berhad, an investment holding company, is a prominent telecommunications service provider operating across the Asian continent. The company's primary business revolves around delivering mobile and broadband services, complemented by network interconnectivity, the distribution of communication devices, and pay television broadcasting. Beyond these core offerings, Axiata provides comprehensive telecommunication infrastructure and related services, including leasing network capacity, offering international carrier and enterprise solutions, and delivering essential technical and operational support. Axiata's diverse portfolio extends into digital and financial sectors. This includes digital media, software development, multimedia solutions, data and backbone services, and fixed wireless access. Its financial services encompass micro-financing, insurance products, money lending, digital credit facilities, e-wallet mobile applications, and engagement with marketable securities. Further diversifying its operations, Axiata is involved in IT-related services, software licensing, developing e-learning content, e-commerce and digital marketing, fiber optic network deployment, and multimedia advertising. It also participates in venture capital funding, the development and maintenance of telecommunication networks, the management of retail stores, and the trading and distribution of communication goods. Additional ventures include commercial property development and leasing, sales of IT-enabled equipment, providing manpower for call center operations, and developing electronic commerce infrastructure specifically for the healthcare sector. The company also offers a wide array of IT, information, and communications technology services to businesses beyond traditional mobile network operators, alongside mobile virtual network enabler (MVNE) platforms, online ticketing, and data processing and management consultation services. Incorporated in 1992, Axiata Group Berhad was previously known as TM International Berhad until its rebranding in March 2009. The company's headquarters are located in Kuala Lumpur, Malaysia.

Market snapshot

Symbol
AXXTF
Price
$0.46
Day change
0.00%
Market cap
$18.4B
P/E ratio
38.39x
52-week range
0.4553-0.5905
Sector
Communication Services
Industry
Telecommunications Services
Next earnings
in 2 months

Peer companies

  • Bezeq The Israel Telecommunication Corp. Ltd (BZQIF)
  • Bezeq The Israel Telecommunication Corp. Ltd (BZQIY)
  • China Communications Services Corporation Limited (CUCSF)
  • China Communications Services Corporation Limited (CUCSY)
  • freenet AG (FRTAF)
  • PCCW Limited (PCCWY)
  • PCCW Limited (PCWLF)
  • PLDT Inc. (PHTCF)

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