By Yantoultra Ngui and Stefanno Sulaiman SINGAPORE/JAKARTA (Reuters) -Indonesian telcos XL Axiata, Smartfren Telecom and its ...

Axiata Group Berhad (“Axiata” or “the Group”) today announced the signing of a definitive agreement with Sinar Mas (“Sinar Mas”) to ...

XLSmart will have a combined mobile subscriber base of around 94.5 million and a market share of 27% in Indonesia, with pro ...

XLSmart will combine the customer bases of both companies, with a total of 94.51 million mobile subscribers and a 27 percent ...

Smartfren Telecom—controlled by billionaire Widjaja family’s Sinar Mas—and Malaysia’s Axiata Group are merging their ...

Axiata Group Bhd and Indonesia’s conglomerate Sinar Mas Group have agreed to merge their Indonesian telecom units, PT XL ...

XL Axiata and Smartfren have been in merger talks for monthsNow their parent companies have agreed a $6.5bn dealIf the merger ...

Having been in discussions since May this year, Indonesia’s third- and fourth-largest telcos, XL Axiata and Smartfren, have finally agreed to merge their operations. The deal, valued at around $6.5 ...

Axiata Group and PT Sinar Mas Group are close to agreeing a merger agreement of their Indonesian mobile units. As reported by ...

Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group agreed to merge their ...

By Yantoultra Ngui and Stefanno Sulaiman SINGAPORE/JAKARTA (Reuters) -Indonesian telcos XL Axiata, Smartfren Telecom and Smart Telcom (SmartTel), a unit of Smartfren, said on Wednesday they have ...

XL's owners Axiata Group Bhd and Smartfren's parent Sinar Mas Group will be the joint controlling shareholders with equal ...