SICK BOY of the week title must surely go to AXIATA Group Bhd, which had to defer declaration. of an interim dividend due to macro economy headwinds in Sri Lanka and Bangladesh.
SICK because some of these shortfall could have been cushioned if Axiata Group's Celcom had jumped in EARLY into the 5G bandwagon managed by Digital Nasional Bhd.
The sick boy
Easy to say,
Don't take the risk, boy
Welcome to the narcissism
AXIATA could have easily conquered the Malaysian 5G market,.while Maxis and U Mobile played their 5G politics. Instead Axiata now has zero per cent share of the Malaysian 5G mobile market, which already has 90 per cent coverage in Kuala Lumpur.
INSTEAD, what we have is an Axiata that is bleeding red ink READ : To the tune of RM106.38mil in Q2