KUALA LUMPUR (Jan 13): Axiata Group Bhd is allocating RM4.2 billion as capital expenditure for this year, as it looks into various ways to increase revenue, especially in the non-mobile operations.
"We are looking at areas that can increase revenue, especially content, entertainment, mobile commerce and mobile payment," said its president and group chief executive officer, Datuk Seri Jamaludin Ibrahim.
He said to achieve the objective; Axiata has planned for RM4.2 billion as capex for this year.
"It is more or less the same as last year, but the exact amount will be announced next month," he told a press conference after the launch of the Axiata Young Talent Programme on Friday.
On Axiata's key performance index (KPI) for this year, Jamaludin said it, together with revenue and the company's 2011 financial results, would be announced at the end of next month. The group revenue for 2010 was RM15.6 billion.
Axiata has a controlling interest in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia, with significant strategic stakes in India and Singapore.
In addition, it has a stake in non-mobile telecommunication operations in Thailand.
The group's mobile subsidiaries and associates operate under the brand name Celcom in Malaysia, XL in Indonesia, Dialog in Sri Lanka, Robi in Bangladesh, Hello in Cambodia, Idea in India and M1 in Singapore.
On the Axiata Young Talent Programme, Jamaludin said the group is investing RM100 million over 10 years in it to foster education and talent development in Malaysia.
He said Axiata is working with its subsidiaries and associates to replicate the programme and aims to launch it in 2014, starting with Indonesia.
The Axiata Young Talent Programme is also part of the 1Malaysia Programme targeted at the youth in the hopes of nurturing and developing them to become the future leaders and captains of industry. - Bernama
"We are looking at areas that can increase revenue, especially content, entertainment, mobile commerce and mobile payment," said its president and group chief executive officer, Datuk Seri Jamaludin Ibrahim.
He said to achieve the objective; Axiata has planned for RM4.2 billion as capex for this year.
"It is more or less the same as last year, but the exact amount will be announced next month," he told a press conference after the launch of the Axiata Young Talent Programme on Friday.
On Axiata's key performance index (KPI) for this year, Jamaludin said it, together with revenue and the company's 2011 financial results, would be announced at the end of next month. The group revenue for 2010 was RM15.6 billion.
Axiata has a controlling interest in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia, with significant strategic stakes in India and Singapore.
In addition, it has a stake in non-mobile telecommunication operations in Thailand.
The group's mobile subsidiaries and associates operate under the brand name Celcom in Malaysia, XL in Indonesia, Dialog in Sri Lanka, Robi in Bangladesh, Hello in Cambodia, Idea in India and M1 in Singapore.
On the Axiata Young Talent Programme, Jamaludin said the group is investing RM100 million over 10 years in it to foster education and talent development in Malaysia.
He said Axiata is working with its subsidiaries and associates to replicate the programme and aims to launch it in 2014, starting with Indonesia.
The Axiata Young Talent Programme is also part of the 1Malaysia Programme targeted at the youth in the hopes of nurturing and developing them to become the future leaders and captains of industry. - Bernama
