The Axiata Group
Axiata is one of the leading telecommunications groups in Asia with approximately 350 million customers in 11 countries in ASEAN and South Asia. The Group is listed on the Main Board of Bursa Malaysia Securities Berhad and ranks as the sixth largest company on the bourse as of 31 December 2017.
In pursuit of our vision to be a New Generation Digital Champion by 2021, the Group has transformed itself from a holding entity with a portfolio of pure-play mobile assets into a Triple Core Strategy driven business focus to include Digital Telco, Digital Businesses and Infrastructure. With a broader goal of Advancing Asia, Axiata pieces together the best in the region in terms of innovation, connectivity and talent. As a long-term investor in all our markets, Axiata remains committed to its role as a responsible corporate citizen, to make a difference in people’s lives and help transform the countries in which it operates.

Embarking on Axiata 3.0
with a Triple Core Strategy
Axiata has completed two distinct phases of growth since our inception as an independent company in 2008. With the conclusion of Phase 2 in 2015, we have established Axiata as a Regional Champion providing digital and mobile services to approximately 350 million customers across ASEAN and South Asia, as well as being recognised as a responsible corporate citizen and committed long-term investor.
In Phase 3, ‘Axiata 3.0’ is the playbook guiding the Group’s key strategic decisions on Axiata’s journey to become a New Generation Digital Champion by 2021. Axiata 3.0 has evolved into a clearer heading of the core composition and priority growth pillars. Aligned with our core business pillars of Digital Telco, Digital Businesses and Infrastructure, Axiata 3.0 has further refined the strategy of the business moving forward.
Triple Core Strategy at Centre Stage
While building a leading regional mobile operations, Axiata also made its move into adjacent businesses in 2013. First, in carving out its tower assets into a regional independent tower company. Second, by building a digital business unit with a portfolio of investments to explore market opportunities in the area.
Today, Axiata’s business has been reimagined and redefined into a triple core growth engine with the operational businesses of Digital Telco, Digital Businesses and Infrastructure.
Axiata 3.0 has been strategised based on long-term external factors of macroeconomic conditions, regulatory environment, digital shift and a competitive landscape.
Core 1 Transforming Mobile Operators to
Digital Telcos with Digitisation and ConvergenceRanked

Core 2 Pivoting into Four Lines of
Operational Digital Businesses

Core 3 Fast-growing Regional Independent
Tower Company to Global ScaleGreen Sites
All time high Group tenancy ratio at

Core Values Embraced Across the Group
Code of Conduct
Axiata is committed to conduct its business fairly, impartially and in full compliance with all applicable laws and regulations in Malaysia and in countries where the Group operates.
The Group’s professionalism, honesty and integrity must at all times be upheld in all of the Company’s business dealings by all employees.
Axiata has a Code of Conduct that serves as our commitment in ensuring our business dealings are conducted in a manner that is efficient, effective and fair. Axiata ensures that it is the responsibility of every employee to act in accordance with the policies detailed in the Group’s Code of Conduct.
Full Axiata’s Code of Conduct is available at https://axiata.com/corporate/corporate-governance/

These two values are incorporated into the existing values of the individual Operating Companies (OpCos) which include amongst others service excellence, teamwork, creativity and customer centricity.
Shareholding Structure and
Portfolio of InvestmentsShareholding Structure and Portfolio of Investments
As an emerging leader in Asia’s telecommunications landscape, Axiata made an impressive debut on the Main Board of Bursa Malaysia on 28 April 2008. As of 31 December 2017, Axiata is the sixth largest listed entity on the FTSE Bursa Malaysia KLCI (FBMKLCI). With Khazanah Nasional Berhad as its largest shareholder, Axiata’s shareholding breakdown constitutes a diverse and balanced mix of both local and foreign institutional investors, a testament to its strong business fundamentals, long-term growth prospects and investor proposition.
As a leading telecommunications group in Asia and with majority stakes in Mobile Operators, Digital Businesses and Infrastructure assets, the Group continuously reviews various strategic portfolio options to ensure long-term value enhancement, and optimal deployment of capital and funding for our growth strategies.
Over the last two years, Axiata has attracted high-quality equity partners in some of its best performing companies.
Equity partnerships:
- November 2016, Bharti Airtel Limited at Robi Axiata Limited
- January 2017, Innovation Network Corporation of Japan at edotco Group Sdn Bhd
- April 2017, Kumpulan Wang Persaraan (Diperbadankan) at edotco Group Sdn Bhd
- May 2017, Mitsui Co., Ltd at Smart Axiata Co., Ltd

* Comprise of total shareholdings held by trust funds managed by Permodalan Nasional Berhad