Wednesday 13 July 2022

Dial V for Victory or V for Vanquished. Axiata Group's RM220 million cheque from Digital Nasional Bhd : The Hand That Feeds!!!

is a song from the progressive rock group Nine Inch Nails,  taken from its fourth studio album, titled With Teeth.

THE people at Axiata Celcom must either be a confused lot or past masters in bitting the hand that feeds.

Just how deep do you believe?
Will you bite the hand that feeds?
Will you chew until it bleeds?
Can you get up off your knees?
Are you brave enough to see?

WHATEVER the case maybe,  Axiata Celcom Group should thank its lucky stars that it can still count on money being brought in by Tune Talk and Digital Nasional Bhd,  that could easily exceed RM500 million.

YES,  it's true,  that Axiata Celcom Group will stand to receive up to RM220 million from Digital Nasional Bhd,  despite being one of the core agent provocator alongside Maxis and U Mobile in slowing down the Government mandated plan to roll out 5G equally for both rural and urban Malaysia. 

ALL these cash will come in very handy for the Axiata Celcom Group,  which is facing  cash crunch issues in two of its main overseas revenue earners,  namely Sri Lanka and  Myanmar.