Axiata Group Q1 profit falls 13.3%

Dylan Bushell-Embling
21 May 2015
00:00
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Daily News

“The first quarter continued to be challenging for Celcom, affecting the Group’s results, as strong foundations are being put in place for data leadership and regaining any lost ground,” Axiata group CEO Dato' Sri Jamaludin Ibrahim commented.

However, I am happy to note that there are many positive signs as they resolve most of the IT systems issues whilst recovering dealer confidence. I am confident that with these initiatives in place, Celcom will be back on track to finish the year in a position of strength.”

He said data growth remains a key area of focus for Axiata. The group spent over 1 billion ringgit in capex during quarter, primarily on data investments.

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