The IDX speaks regarding the merger process between PT XL Axiata Tbk (EXCL) and PT Smartfren Telecom Tbk (FREN).

Find insight on XL Axiata’s merger with Smartfren Telecom and Smart Telecom and more in the latest Market Talks covering ...

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

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

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 ...

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

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

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

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

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