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02.09.2013 13:30:00
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Axiata Group Berhad -- Moody's: Axiata's 1H 2013 results benefit from domestic data growth
Hong Kong, September 02, 2013 -- Moody's Investors Service notes that Axiata Group Berhad's 1H 2013 results were positively affected by strong growth in data demand at Celcom Axiata Berhad (unrated) in Malaysia, which accounted for around 44% of the Group's 1H 2013 revenue. Overall results are broadly in line with Moody's expectations and support Axiata's current Baa2 rating and stable outlook.
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