KUALA LUMPUR (Feb 26): Axiata Group Bhd (KL:AXIATA) said it will not provide any earnings guidance this year amid a restructuring at the biggest Malaysian telecommunications company by revenue. Ongoing asset consolidation and monetisation would cause fluctuations in its reporting numbers, chief financial officer Nik Rizal Kamil Nik Ibrahim Kamil said at an earnings briefing. The usual revenue and earnings before interest and tax targets will be reinstated from 2027 onwards, he noted. Axiata has been preparing to monetise select assets, such as its tower arm edotco Group Sdn Bhd, though Nik Rizal refused to provide any details. Last year, Axiata completed the merger of its unit PT XL Axiata Tbk with PT Smartfren Telecom Tbk and PT Smart Telcom, which created Indonesia’s second-largest mobile network operator by subscribers.

Source: The Edge Markets February 26, 2026 09:39 UTC