Mitsui & Co made a strategic minority investment in Axiata Digital Services, the digital services arm of Axiata Group. The investment establishes a pre-money enterprise value of $500m for the core digital businesses of Axiata Digital. "As an expansion of our strategic partnership with Axiata, we are very excited about this investment in Axiata Digital which follows our earlier investment in Smart Axiata in Cambodia, the country's largest mobile telecom operator. By enhancing close collaboration between Axiata Digital and Mitsui, we are confident that we can support our partners and customers to create new value and accelerate their digital transformation in various industries," said Masahiro Moriyasu, Managing Officer, COO of the IT & Communications Business Unit at Mitsui.