Axiata Group reported profits were hit by an asset charge stemming from its Nepalese unit however growth was reported across most of its operators.
Sri Lankan operator Dialog Axiata connected over 200,000 users to its 5G network in a trial of the technology before a wider nationwide rollout.
Indonesian operator XL Axiata revealed that Garut Resort Police have arrested a group of fraudsters who ran a scam by impersonating XL Home service officers to steal home broadband routers.
Indosat Ooredoo Hutchison (IOH) expanded its broadband business with the acquisition of rival MNC Play, as the company bets on broadband being a growth accelerator from 2024.
Orange revealed it pulled out of plans to acquire a 45% stake in Ethiopian operator Ethio Telecom, stating it saw no new value creation by going ahead with the move.