September 24, 2017 10:05 PM ET

Wireless Telecommunication Services

Company Overview of Smart Axiata Co., Ltd.

Company Overview

Smart Axiata Co., Ltd. operates as a mobile telecommunication company. The company offers prepaid, postpaid, data, international roaming, music and entertainment, infotainment, voice, mail and messaging, and other services. It serves prepaid users, multinational corporates, and embassies, as well as banks, micro finance and insurance institutions, manufacturing markets, and hospitality sectors through agents. Smart Axiata Co., Ltd. was formerly known as Latelz Co., Ltd. and changed its name to Smart Axiata Co., Ltd. in September 2013. The company was founded in 2008 and is based in Phnom Penh, Cambodia. Smart Axiata Co., Ltd. operates as a subsidiary of Axiata Group Berhad.

No. 464A Monivong Boulevard

Sangkat Tonle Bassac

Khan Chamkarmorn

Phnom Penh,  200052

Cambodia

Founded in 2008

Phone:

855 10 201 000

Fax:

855 23 868 882

Key Executives for Smart Axiata Co., Ltd.

Chief Financial Officer
Chief Technical Officer
Chief Information Officer
Chief Marketing Officer
Compensation as of Fiscal Year 2017.

Smart Axiata Co., Ltd. Key Developments

Smart Axiata Launches 4.5G Network in Cambodia

Smart Axiata has launched 4.5G services in Cambodia. Smart Axiata, in partnership with Huawei, has deployed 1,500 base stations with 4.5G technology. These 1,500 base stations use multiple-input and multiple-output technology and multicarrier aggregation.

Iflix Launches in Cambodia with Smart Axiata

Iflix launched its service in Cambodia and also entered into a partnership with Smart Axiata to offer its service to its customers. The launch comes after an expanded agreement iflix entered into with Axiata Group in July to bring its SVoD service to 4 other Asian countries besides Malaysia and Sri Lanka covered by an initial agreement. Through the deal, Iflix is launching in Cambodia with Smart, in Indonesia with XL, in Bangladesh with Robi, and in Nepal with Ncell.

Axiata May Divest Its Stake In Smart

Axiata Group Berhad (KLSE:AXIATA) will likely divest stakes in its more profitable operations, including, Smart Axiata Co., Ltd. s projected to have a 7 percent year-on-year decline in earnings for 2017, according to PublicInvest Research. The research house for Malaysia's Public Investment Bank Berhad (PIBB), noted in a report this week that Axiata's performance has been dragged down by operations at home and by its subsidiaries in Singapore and India.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 19, 2017
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