Axiata's primary business is investment holding and provisioning of telecommunication and consultancy services on an international scale.

[3] Following the de-merger of TMI from TM, the company was listed on the Main Board of Bursa Malaysia Securities Berhad in 2008.

[4] Axiata controls interests in mobile operators across Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia.

[6] Axiata's mobile subsidiaries and associates operate under the brand name 'CelcomDigi' in Malaysia, 'XL' in Indonesia, 'Dialog' in Sri Lanka, 'Robi' in Bangladesh, and 'Smart' in Cambodia.

[10] On 15 February 2019, Axiata sold off its entire shares in 'M1' to Konnectivity Pte Ltd for RM1.65 billion, citing the need for capital reallocation and new priorities in line with its vision to be the Next Generation Digital Champion by 2022.