Page 11 - ar2012

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200million
SUBSCRIBERS
DEAR SHAREHOLDERS,
Axiata continued to make great strides towards
achieving its regional ambitions and transforming
itself into a new generation telecommunications
company. The year’s significant achievements
were made against a backdrop of intensifying
competition and increasingly challenging market
conditions. It also was a year where we saw
further uncertainty in the global economy with
the USD weakening and the RM strengthening
against most other currencies and thus affecting
our results.
9
Raising
the Bar