News Summary:
On September 9, 2025, Axiata Group Bhd's chief executive officer and managing director, Vivek Sood, stated that the company is prioritizing market consolidation and asset monetization in its operating markets to improve returns, operations, market structure, and cash flow generation. On September 10, 2025, Axiata, Tenaga Nasional, and YTL Corp contributed to a rise in the FBM KLCI at midday. Also on September 10, 2025, Axiata Digital Labs appointed Aishan Bamunawita as Head of Talent Acquisition, tasking him with leading global talent acquisition, improving hiring systems, enhancing employer branding, and developing talent pipelines. Separately, Axiata's Edotco and U Mobile announced the launch of U Mobile's Ultra5G service at the Mandarin Oriental Kuala Lumpur, making it the first hotel in Malaysia with full 5G coverage. Finally, Axiata Group and Sinar Mas Group are reportedly nearing an agreement to merge their telecommunications operations.
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