Axiata & Huawei Build Upon Operational Innovations Through Global Strategic Cooperation

Kuala Lumpur, Malaysia, 28 February, 2012: Axiata Group Berhad, one of Asia’s leading telecommunications companies, is continuing its five-year strategic global framework arrangement with Huawei, a leading global information and communications technology (ICT) solutions provider, to establish a streamlined procurement platform across five countries in the region that will result into cost savings for Axiata Group.

Further to Axiata – Huawei Strategic Partnership MoU extension for the proposed collaboration to explore innovative solutions in areas of innovation, procurement and financing, both Axiata and Huawei are working together to establish a streamlined procurement platform which will realise business efficiencies and competitive advantage through cash flow improvement and timely purchasing, better leverage on its volume and realise cost savings within the Axiata Group. The five countries in the region that stand to benefit are Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia.

“The Axiata-Huawei collaboration will see company-wide improvements in realizing business efficiency and a competitive advantage. Furthermore, access to financial facilities towards innovative financing structures and a flexible financing tenure will provide a solid base of long term growth,” said Dato’ Sri Jamaludin Ibrahim, President and Group Chief Executive Officer of Axiata.

The collaboration will continue to serve as a common platform for Axiata group of companies to purchase network telecommunications infrastructure products, including the provision of related works and services from Huawei. “We are committed to helping Axiata get the best out of their investment, and through open dialogue in providing class-leading innovations in allowing our customers to operate more efficiently,” said Jason Lijie, President of Joint Committee of Regions and Executive Director Huawei.

The framework agreement will create a common platform for Axiata group of companies to purchase network telecommunications infrastructure products, including provision of related works and services from Huawei. This cooperation which will improve engagement and further strengthen the relationship between the two companies, will involve the regular exchange of information on technical and technology areas relating to products, works and services purchased by Axiata and the Axiata Companies.