Axiata Group - About the company
Axiata Group is a public company based in Kuala Lumpur (Malaysia), founded in 1992. It operates as a Provider of telecommunication services. Axiata Group has raised an undisclosed amount in funding. The company has 3489 active competitors, including 51 funded and 537 that have exited. Its top competitors include companies like Jio, T-Mobile and MTN.
Company Details
In 2019, the company recorded annual revenues of $5.9B, and a net profit of $0.3B.
Legal entities associated with Axiata Group
Axiata Group is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Jun 11, 1992 | - | 388 | 402 |
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Axiata Group's funding and investors
Axiata Group has raised funding over 3 rounds. Its first funding round was on May 03, 2017. Its latest funding round was a Post IPO round on May 03, 2019 for an undisclosed amount. 1 investor participated in its latest round, which include , Khazanah Nasional Berhad, and .
Axiata Group has 4 institutional investors including , Khazanah Nasional Berhad and .
Here is the list of recent funding rounds of Axiata Group:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
May 03, 2019 | Undisclosed | Post IPO | 7256104 | 1946388 | |
Jul 27, 2018 | $20M | Post IPO | 2111195 | 7860524 | |
May 03, 2017 | $2.31M | Post IPO | 2986420 | 9041382 |
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Axiata Group's founders and board of directors
Axiata Group's employee count trend
Axiata Group has 10,800 employees as of Dec 23. The total employee count is 24.7% lower than what it was in Dec 22. Here is Axiata Group's employee count trend over the years:
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Top competitors of Axiata Group include Jio, T-Mobile and MTN. Here is the list of Top 10 competitors of Axiata Group, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Provider of voice calling and internet services | $20.1B | TPG, Silver LakeÌý&²¹³¾±è;Ìý | 85/100 | |
2nd |  T-Mobile 1987, Bellevue (United States), Acquired | Provider of mobile telecommunication services | - | TD Bank, MorgenthalerÌý&²¹³¾±è;Ìý | 85/100 |
3rd |  MTN 1994, Johannesburg (South Africa), Public | Provider of mobile network services | $7.05M | Saints Capital, CitiÌý&²¹³¾±è;Ìý | 84/100 |
4th | Global telecommunications company | $292M | Bank of America, TPGÌý&²¹³¾±è;Ìý | 82/100 | |
5th | Proximus Group 1994, Brussels (Belgium), Public | Provider of telephony, internet, television and network-based ICT services | - | European Investment Bank, Ìý&²¹³¾±è;Ìý | 81/100 |
6th | Integrated telecom and IPTV services provider | - | RBC Capital Markets, BPEA EQTÌý&²¹³¾±è;Ìý | 81/100 | |
7th | AT&T 1876, Dallas (United States), Public | Provider of mobile internet, TV, and other services | - | Elliott Management, Providence Equity PartnersÌý&²¹³¾±è;Ìý | 80/100 |
8th | Provider of mobile internet services for home and offices | $19.7M | 80/100 | ||
9th | Integrated telecommunication and TV services provider | $188M | , FindaÌý&²¹³¾±è;Ìý | 79/100 | |
10th | Telecom Italia 1994, Rome (Italy), Late Stage | Integrated telecom service provider | - | Elliott Management, Ìý&²¹³¾±è;Ìý | 79/100 |
52nd | Axiata Group 1992, Kuala Lumpur (Malaysia), Public | Provider of telecommunication services | - | , Khazanah Nasional BerhadÌý&²¹³¾±è;Ìý | 66/100 |
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Axiata Group's Investments and acquisitions
Axiata Group has made 15 investments in companies including TheLorry and Signature Market. Axiata Group has also acquired 4 companies including Link Net and Ncell. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 27, 2022 | Acquisition | 1996 | Jakarta, | |
Apr 02, 2019 | Investments | 2014 | Puchong, Malaysia | |
Jan 17, 2019 | Investments | 2016 | Kuala Lumpur, Malaysia |
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Reports related to Axiata Group
Here is the latest report on Axiata Group's sector:
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News related to Axiata Group
Media has covered Axiata Group for a total of 37 events in the last 1 year, 8 of them have been about company updates and 4 about people movement.
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The Star Online•Mar 28, 2025•Axiata Group
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Tech in Asia•Feb 26, 2025•Axiata Group
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The Star Online•Feb 26, 2025•Axiata Group
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The Star Online•Jan 28, 2025•, Axiata Group
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The Star Online•Jan 21, 2025•Axiata Group
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MobileWorldLive•Jan 13, 2025•Axiata Group,
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