Axiata Group traded at 2.39 this Friday February 6th, increasing 0.05 or 2.14 percent since the previous trading session. Looking back, over the last four weeks, Axiata gained 6.64 percent. Over the last 12 months, its price rose by 8.14 percent. Looking ahead, we forecast Axiata Group to be priced at 2.25 by the end of this quarter and at 2.12 in one year, according to Trading Economics global macro models projections and analysts expectations.
Axiata Group Berhad is a Malaysia-based telecommunications company, which manages Axiata Group. The Group has controlling interests in six mobile operators under the brand names of 'Celcom' in Malaysia, 'XL' in Indonesia, 'Dialog' in Sri Lanka, 'Robi' in Bangladesh, 'Smart' in Cambodia and 'Ncell' in Nepal, as well as minority interests in 'Idea' in India and 'M1' in Singapore. Axiata Group's products and services include prepaid and postpaid mobile services, television broadcasting and cable television services, Internet services, enterprise solutions, digital marketing and e-commerce services, mobile advertising and machine-to-machine (M2M) solutions, among others. Via 'edotco', its infrastructure company, the Group also delivers telecommunications infrastructure services and operates telecommunications towers regionally. Other regular undertakings of the Group include investment holding and the distribution of communication device and related products.