September 27, 2016 8:45 PM ET

Wireless Telecommunication Services

Company Overview of Celcom Axiata Berhad

Company Overview

Celcom (Malaysia) Berhad provides mobile communication services in Malaysia. The company offers domestic roaming over its dual-band network and mobile data solutions, such as short messaging and multimedia messaging service. It also offers mobile postpaid and prepaid services, as well as other short messaging services through strategic partnerships, such as Celcom Bernama news on demand, Al-Jazeera news services, a prepaid recharge facility via AmBank, and the KRU celebrity portal. In addition, Celcom provides broadcast services and facilities for video playout, live cross over, and transmission via satellite and terrestrial networks. The company offers satellite uplink, downlink, and turnar...

Level 5 Axiata Centre

9 Jalan Stesen Sentral 5

Kuala Lumpur Sentral

Kuala Lumpur,  50470

Malaysia

Founded in 1988

Phone:

60 3 3630 8888

Fax:

60 3 3630 8889

Key Executives for Celcom Axiata Berhad

Chief Executive Officer, Director, Member of Board Executive Committee and Member of Board Dispute Resolution Committee
Age: 55
Chief Financial Officer
Chief Technology, Operations & Experience Officer
Senior Vice President of The Financial Systems Division
Age: 50
Chief Marketing & Online Sales Officer
Compensation as of Fiscal Year 2016.

Celcom Axiata Berhad Key Developments

Celcom Axiata Berhad and MyEG Services Bhd Terminate Memorandum of Understanding

Celcom Axiata Berhad and MyEG Services Bhd announced that announcement on 4 September 2015 on the extension of the Memorandum of Understanding between Celcom Axiata Berhad and My E.G. Services Berhad for another period of 1 year. The companies announced that the said MOU has been terminated with immediate effect on 9 May 2016 with mutual agreement from both parties as the said MOU has transited to a business arrangement, such as the appointment of MYEG on 22 January 2016 as Celcom's Direct Channel Partner to promote, market and distribute products and services to end users. As such, the MOU would therefore no longer subsist.

Celcom Provides Capital Expenditure Guidance for the Year of 2016

Celcom Axiata Bhd, is allocating at least MYR 1.2 billion for capital expenditure (capex) in 2016 to improve service offerings. The capex would be used to expand its 4G service areas, as well as building a more quality coverage in 25 identified prime city areas.

Celcom Reports Earnings Results for the Fourth Quarter of 2015

Celcom reported earnings results for the fourth quarter of 2015. For the quarter, the company’s total revenues fell to MYR 1.819 billion from MYR 1.953 billion a year earlier. The company’s normalized EBITDA and normalized PATAMI grew 9.8% and 10.2% sequentially, respectively. On an annual basis, reported EBITDA fell to MYR 666 million from MYR 768 million a year earlier, and profit after tax was down to MYR 255 million from MYR 399 million.

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Recent Private Companies Transactions

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

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