January 22, 2017 10:18 AM 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 2016.

Smart Axiata Co., Ltd. Key Developments

Axiata Group Lookinig To Sell Stake In Smart Axiata

Axiata Group Berhad (KLSE:AXIATA) is considering the sale of 40% stake in Smart Axiata Co., Ltd., Phnom Penh Post cited Axiata’s CFO Chari Thandalam Veeravalli Thirumala as saying.

Axiata Seeks Acquisitions

Axiata Group Berhad (KLSE:AXIATA) is seeking acquisitions. Chari Thandalam Veeravalli Thirumala, Group Chief Financial Officer of Axiata, said that the company could consider acquiring one of Cambodia’s smaller telecoms. The group which is now trying to sell 40% stake in Smart Axiata Co., Ltd., intends to use the proceeds to ‘pursue opportunities’, including infrastructure expansion and future acquisitions, in or outside of Cambodia.

Smart Eyes 41.5% Stake Sale

Axiata Group Berhad (KLSE:AXIATA) will consider divesting a portion of its stake in Latelz Co., Ltd. (Smart Mobile) in a bid to free up capital to “pursue opportunities”, including infrastructure expansion and future acquisitions, a company executive said on October 11, 2016. Chari Thandalam Veeravalli Thirumala, Group Chief Financial Officer of Axiata, said the company would consider selling up to 40% of its stake in Smart to a strategic investor, providing the company “can find the right partner.”

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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