Cambodia Investment Review

Axiata Group reaffirms commitment and strategic partnerships during visit to Cambodia

Axiata Group reaffirms commitment and strategic partnerships during visit to Cambodia

Cambodia Investment Review

Axiata Group Chairman Tan Sri Shahril Ridza Ridzuan and Joint Acting Chief Executive Officer Dr. Hans Wijayasuriya reaffirmed the company’s commitment to Cambodia and vowed to strengthen strategic partnerships with the Royal Government of Cambodia and stakeholders during a visit to the Kingdom earlier last week.

One of Asia’s largest telecommunications groups, Axiata Group is currently overseeing companies with more than 150 million subscribers across 11 countries in ASEAN and South Asia, including Malaysia, Indonesia, Sri Lanka, Bangladesh, Cambodia, Nepal, Myanmar, Thailand, and Pakistan. In the pursuit of becoming the “Next Generation Digital Champion”, Axiata Group has transformed itself from a regional mobile communications leader into a group of companies that furthers digital growth and innovation by focusing on three key pillars: Digital Telco, Digital Businesses, and Infrastructure.

Partnership to Drive Progress

During their visit to Cambodia, Axiata Group’s representatives also paid a courtesy visit to the Minister of Post and Telecommunications, His Excellency Dr. Chea Vandeth, with Smart Axiata’s newly appointed CEO Ziad Shatara and the company’s principal advisor Feiruz Ikhwan.

The attendees noted the joint effort of the Royal Government of Cambodia and Smart Axiata in accelerating the Kingdom’s ICT development and economic growth. Additionally, they agreed to continue strengthening and expanding their relationship to attract more investment for technological and infrastructural advancement, which is particularly important as Smart prepares for the implementation of ultra-fast gigabit broadband internet and 5G network roll-out in the Kingdom.

Read more: Smart Axiata’s continued commitment to sustainability highlighted in report

Axiata Group Chairman Tan Sri Shahril Ridza Ridzuan expressed his delight at the strong partnership that Smart Axiata has built with the Cambodian government.

Axiata Group’s courtesy visit to the Minister of Post and Telecommunications.

“Guided by our mission of Advancing Asia, together with our operating companies, we strive to facilitate digital inclusion through the provision of connectivity and solutions. With an aspiration to create a sustainable and lasting impact on people and communities across Asia, we have built a company that cares for those we serve. We are extremely proud to be a part of nation-building success stories,” Tan Sri Shahril Ridza said.

 “We are incredibly thankful for the strong collaboration we have with various ministerial partners and stakeholders, especially with the Ministry of Post and Telecommunications, as we look to have a greater and wider impact on society.”

Creating a Sustainable Future

The visit also included an in-person town hall meeting with Smart’s senior leadership team. During the event, Ziad spoke of the company’s dedication to sustainability and its focus on the future.

“Without a doubt, Smart has always worked tirelessly to create value and bring about a sustainable future for everyone. Sustainability has always been at the heart of our business, and with our vision to become Cambodia’s digital champion, we will continue to look for opportunities to offer improvement, innovation and value to our customers,” he said.

Axiata Group’s Photo at Townhall in Phnom Penh.

“With support from Axiata Group, strong collaboration with our ministerial partners and stakeholders and our dynamic, high-performance team, I am confident that we will take Smart Axiata to another level of success in our journey from good to great.”

As the leading telecommunications company in Cambodia, Smart Axiata was the first mobile operator in the country to provide 4G services. Smart’s 4G LTE, providing the fastest mobile internet in Cambodia, is now available across all 25 provinces, and the company was also the first in the Kingdom to trial 5G back in 2019. In 2021, Smart Axiata contributed over US$660 million to public finances, including its annual contribution to the Universal Service Obligation Fund (USOF) to improve telecommunication infrastructure and digital inclusivity, as well as to the Capacity Building, Research and Development Fund (CBRD) to implement capacity-building and digital literacy programs.

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