Nomura downgraded shares of Axiata Group Berhad (OTCMKTS:AXXTF) from a neutral rating to a reduce rating in a research report released on Wednesday morning, The Fly reports.

Shares of OTCMKTS:AXXTF opened at $0.99 on Wednesday.

Axiata Group Berhad Company Profile

Axiata Group Berhad, an investment holding company, provides telecommunications services in Asia. It operates in Mobile, Infrastructure, and Others segments. The company offers mobile, interconnect, pay television transmission and other data, telecommunication network capacity, infrastructure, digital, and financing services.

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