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Regulatory And Political Risk

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Driving Governance & Risk

Regulatory And Political Risk

The telecommunications and digital industries are subject to regulatory and political shifts that can directly impact our business viability, competitive position, and long-term growth. 

  

To manage these risks, we adopt a proactive approach guided by the Axiata Regulatory Compliance Framework. Beyond formulating Group-wide positions on key issues, we undertake joint on-ground engagements to advance strategic regulatory stances at the OpCo level. These efforts are supported by the Regulatory Expert Working Group, which facilitates the systematic sharing of best practices across our entities. We also remain active in consultations and industry association events, fostering collaboration to address common challenges and advocate for policies that enable sustained growth and innovation in the sector. 

Driving Governance & Risk

Our Approach to Stakeholder Engagement

We are committed to proactively engaging with regulators, policymakers and industry players to address compliance challenges and explore strategic opportunities.  

 

Stakeholder groups we engage with include: 

  • National governments and regulatory authorities to align on industry policies 

  • Regional and global industry associations to advocate for fair and sustainable regulatory frameworks 

  • Business and development organisations to support infrastructure growth and digital inclusion 

  • Vendors, public policy institutes and the general public to ensure transparent, responsible and consumer-focused operations 

Driving Governance & Risk

Navigating Regulatory And Political Risks In 2024

In 2024, Axiata navigated key regulatory and political risks, including spectrum allocation changes in Malaysia and Bangladesh. Political instability in Bangladesh led to regulatory uncertainty, however, the interim government has initiated sectoral reforms to move towards a more efficient industry structure. In Sri Lanka, the regulatory authority enacted new competition rules to govern market competition in the telecom sector. Adapting to these challenges was essential for sustaining competitiveness and long-term growth. We also monitored risks, including geopolitical tensions and cyber threats, AI-driven cybercrime, evolving regulations, supply chain security vulnerabilities, emerging technologies requiring faster threat detection and cyber skills gaps across sectors. 

View our National Contribution Report 2024

Explore our sustainability efforts in our report 

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