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 ...

Separately, XL Axiata Workers Union secretary-general Henry Machsuni confirmed that a meeting with XL Axiata and Axiata Group ...

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

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

U.S.-based private investment firm Bain Capital has invested $157 million in Indonesian private healthcare company Mayapada ...

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 ...