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Axiata Digital - En Route To Profitability, An IPO, And Digital Banking?

Axiata Digital - En Route To Profitability, An IPO, And Digital Banking?

The Breakfast Grille

December 18, 202023m 49s

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Show Notes

As telecommunication services become increasingly commoditised, the big players have been looking at ways to diversify their businesses. For Axiata Group, this led to Axiata Digital Services - their venture spanning services such as e-wallets, microfinancing, microinsurance and anything else outside the traditional telco domain, with names like Boost, ADA, apigate and Aspirasi in their portfolio of services. That said, Axiata's digital arm is still loss-making and a drag on the group's earnings, so we speak to Mohd Khairil Abdullah to find out the timeline to profitability, what their leading business units are, possible IPO plans, and more.

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