About Axiata Group
Axiata Group is a company based in Kuala Lumpur (Malaysia) founded in 1992.. The company has 10,500 employees as of December 31, 2024. Axiata Group has completed 4 acquisitions, including AxisWorld, Link Net and Ncell. Axiata Group operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and Optus, among others.
- Headquarter Kuala Lumpur, Malaysia
- Employees 10500 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Axiata Group Bhd.
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Annual Revenue
$4.99 B (USD)0.07as on Dec 31, 2024
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Net Profit
$211.75 M (USD)146.41as on Dec 31, 2024
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EBITDA
$2.48 B (USD)13.23as on Dec 31, 2024
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Latest Funding Round
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Investors
Sumitomo Corporation
& 2 more
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Employee Count
10500
as on Dec 31, 2024
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Investments & Acquisitions
AxisWorld
& 3 more
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IPO & Listings of Axiata Group
Axiata Group is a publicly listed company on the MYX with ticker symbol AXIATA in Malaysia, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
19 people
Software Development Team
16 people
Finance and Accounting
8 people
Group Team
4 people
Product Management Team
4 people
Legal and Compliance
4 people
Senior Team
3 people
Data Analysis and Operations Team
2 people
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Funding Insights of Axiata Group
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(03 May 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Post-IPO - Axiata Group | Valuation |
investors |
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| Jul, 2018 | Amount | Post-IPO - Axiata Group | Valuation |
investors |
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| May, 2017 | Amount | Post-IPO - Axiata Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Axiata Group
Axiata Group has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Sumitomo Corporation, Mitsui & Co. and Johor Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Traditional conglomerate services are provided across multiple sectors by Mitsui.
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Founded Year | Domain | Location | |
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Diversified conglomerate operating across multiple industries
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Founded Year | Domain | Location | |
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Johor Corporation is engaged in diversified investments and sustainable community development.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Axiata Group
Axiata Group has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AxisWorld, Link Net and Ncell. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mobile telecommunication services are provided across Cambodia.
|
2009 | ||||
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GSM mobile services are provided in Indonesia by Axis.
|
2008 | ||||
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Pan-Nepal 2G and 3G mobile services are operated by Ncell.
|
2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Axiata Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Axiata Group Comparisons
Competitors of Axiata Group
Axiata Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Jio, MTN, Airtel, Proximus Group and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Telephony, internet, television, and network-based ICT services are provided.
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Mobile internet, TV, and telecommunication services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Axiata Group
Frequently Asked Questions about Axiata Group
When was Axiata Group founded?
Axiata Group was founded in 1992 and raised its 1st funding round 25 years after it was founded.
Where is Axiata Group located?
Axiata Group is headquartered in Kuala Lumpur, Malaysia.
How many employees does Axiata Group have?
As of Dec 31, 2024, the latest employee count at Axiata Group is 10,500.
What is the annual revenue of Axiata Group?
Annual revenue of Axiata Group is $4.99B as on Dec 31, 2024.
What does Axiata Group do?
Axiata Group was established in 1992 and is based in Kuala Lumpur, Malaysia. Operations in the telecommunication sector are conducted through subsidiaries offering mobile, fixed-line, and digital connectivity services in multiple Asian countries. Annual revenues of 5.9 billion were achieved in 2019, with a net profit of 0.3 billion recorded. The companys online presence is maintained at axiata.com.
Who are the top competitors of Axiata Group?
Axiata Group's top competitors include MTN, Proximus Group and AT&T.
Is Axiata Group publicly traded?
Yes, Axiata Group is publicly traded on MYX under the ticker symbol AXIATA.
How many acquisitions has Axiata Group made?
Who are Axiata Group's investors?
Axiata Group has 3 investors. Key investors include Sumitomo Corporation, Mitsui & Co., and Johor Corporation.
What is Axiata Group's ticker symbol?
The ticker symbol of Axiata Group is AXIATA on MYX.
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