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

If the merger goes through, Axiata and Sinar Mas will each own 34.8 percent in XLSmart with “equal influence” over the firm’s ...

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

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

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

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

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

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

XL Axiata, Smartfren Telecom and Smart Telcom, have agreed to merge to create a combined entity with an enterprise value of ...

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

Axiata Group Bhd has signed a definitive agreement with Indonesian conglomerate PT Sinar Mas Group to progress the proposed ...

The Widjaja family’s wealth soared 75% to $18.9 billion, fueled by a sevenfold jump in shares of Dian Swastatika Sentosa, the ...