Axiata profits begin to recover after key market revenue slump

November 25, 2016  | Subscribers Only

Seth Wallis-Jones Seth Wallis-Jones Principal Research Analyst, Service Providers & Platforms
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Axiata has reported for the third quarter with revenues, boosted by currency fluctuations, rising by 2.8% quarter-on-quarter (q/q) and 7.7% year-on-year (y/y) to MYR 5.5billion ($1.23 billion). Profits rose significantly on the prior quarter but sank by 71.2% y/y to MYR 296.8 million.  

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Seth Wallis-Jones

Principal Research Analyst, Service Providers & Platforms

Mr. Seth Wallis-Jones, principal research analyst at IHS Markit, covers telecom multiplay strategies for the Service Providers & Platforms team.

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