Axiata Group Berhad Media Statement in relation to The Edge Financial Daily article entitled ‘Spectrum Reallocation to Change Telcos’ Dynamics’
Kuala Lumpur, 4 February 2016 - In reference to the article in The Edge Financial Daily, “Spectrum reallocation to change telcos’ dynamics’, dated 4 February 2016 and the Company’s recent Investors’ Briefing, Axiata wishes to clarify that the comment on RM1 billion – RM2 billion cost made by the Company was in no reference to spectrum fees or pricing for the newly allocated 900MHz and 1800MHz spectrum bands to Celcom Axiata Berhad (Celcom). Currently, Axiata has not received any information on spectrum fees or pricing.
Axiata also wishes to clarify that the amount quoted in the article refers to Celcom’s 10-year net present value of additional expenditure, namely sites and equipment required to achieve its long term plan on network quality and coverage due to the loss of 7 MHz of 900Mhz spectrum band and 5MHz of 1800 MHz spectrum band. Depending on the timing and the amount of LTE spectrum Celcom hopes to obtain in the future, especially in the 700MHz spectrum band, these estimates could be lower.
Axiata is one of the largest Asian telecommunications companies. Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia with significant strategic stakes in India and Singapore.
The Group’s mobile subsidiaries and associates operate under the brand name ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘Smart’ in Cambodia, ‘Idea’ in India and ‘M1’ in Singapore.
The Group, including its subsidiaries and associates, has over 260 million mobile subscribers in Asia. The Group revenue for 2014 was RM18.7 billion. The Group provides employment to over 25,000 people across Asia. Axiata’s vision is to be a regional champion by 2015 by piecing together the best throughout the region in connectivity, technology and talent, uniting them towards a single goal: Advancing Asia.
The Group has expanded its portfolio of business which now includes a communications infrastructure solutions and services company called “edotco” and a digital services company, Axiata Digital Services.
Axiata was awarded the Frost & Sullivan 2009, 2010, 2011, 2012, 2013 and 2014 Asia Pacific ICT Award for Best Telecom Group and the Telecom Asia Best Regional Mobile Group 2010 and 2011 for its operations in multiple Asian markets.