Sumitomo Corp
6 leadership movements at ada with new head for Indonesia
Diverse team brings it closer to positioning as agency of the future
Headcount doubles to close to 400, operations in 9 countries
Celcom takes 20% stake in MVNO Merchantrade
In a move that one telco consultant calls a “very smart diversification strategy,” Celcom Axiata Bhd is believed to have taken a 20% stake in Merchantrade Asia Sdn Bhd, a leading remittance provider and since 2008, a Mobile Virtual Network Operator (MVNO) with around 500,000 active subscribers at present.
