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Axiata Pieces Together People, Connectivity and Technology for the Broader Goal of Advancing Myanmar

2013-06-11

Yangon, Myanmar, 11 June 2013, Axiata Group Berhad (“Axiata or the Group”), one of Asia's largest telecommunications group, said that it has the expertise, proven track record and strategic intention to bring long-term national development and advancement to Myanmar. This is made possible through its broader vision of ‘Advancing Asia' by bringing together people, connectivity and technology.

In a media briefing today, Dato' Sri Jamaludin Ibrahim, President and Chief Executive Officer of Axiata said, “In providing affordable connectivity, accelerating progress with state-of-the-art technology, and developing people by creating job opportunities and developing talent, we truly believe our contributions can make a real difference to people's lives and help with the development of Myanmar.”

Axiata's purpose of ‘Advancing Asia' has particular relevance given that telecommunications is a strategic enabler for socio-economic advancement and growth. Axiata is already a leading player in Asian mobile communications with operations in nine countries, connecting over 215 million people and employing more than 20,000 people. Through its capital infrastructure investments, foreign direct investments, and reinvestments of profits as well as the economic multiplier effect from its businesses, Axiata has become a significant contributor to the economies in the countries it operates in including Malaysia, Indonesia, Sri Lanka, and Cambodia.

With talent development being one of its advancement pillars, Axiata has established a firm corporate culture of employing, empowering and developing strong locally managed teams throughout its operations across Asia. Its business partners, distributors and suppliers are largely locally sourced, helping to increase local competitiveness and creating an economic multiplier effect.

“In all our operating companies around Asia, more than 98% of our employees are local and are predominantly run by local management teams. Within our organisations, we have invested significantly in strong and established talent development programmes which serve as a catalyst in developing high-calibre future Asian leaders. Further to that, our young talent development programmes reaches out to the communities in our markets through various educational campaigns,” Dato' Sri Jamaludin Ibrahim continues.

Having been focused in the Asian markets since 1994, Axiata has been successful in rolling out networks throughout different Asian terrains and vastly dispersed population. The Group provides over 90% population coverage in each of the countries it serves, connecting remote communities in Indonesia, India, Sri Lanka and Cambodia. Given its experience and successes in similar emerging markets, Axiata is confident of the swift rollout of its network and commercialisation of its services in Myanmar.

The Group is also in the forefront of technology having introduced the latest and most advanced technologies in each of its markets. Axiata companies were the first or amongst the first to rollout 4G LTE in Sri Lanka, Malaysia and Singapore. In the same way, Axiata companies have introduced 3G and HSPA in six countries including Malaysia, Singapore, Indonesia, India, Sri Lanka and Cambodia.

“We view our interest in Asian markets as long-term investments and these investments must contribute to national development of a country. As example, we have been in Sri Lanka for 17 years and in Cambodia for 15 years. Axiata's presence in the Myanmar telecommunications industry will help accelerate socio-economic development and contribute to improving investor confidence in other areas of the economy.” Dato' Sri Jamaludin Ibrahim concluded.

 

About Axiata

Axiata is one of the largest Asian telecommunication 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'

The Group's, including its subsidiaries and associates, has close to 220 million mobile subscribers in Asia. The Group revenue for 2012 was USD5.7 billion. The Group provides employment to over 20,000 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

Axiata was awarded the Frost & Sullivan 2009, 2010, 2011 and 2012 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.

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