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Indonesia’s XL Axiata has engaged Infinera to modernize both its South Sumatra terrestrial network and its Singapore-to-Jakarta subsea network for the 5G era. Under the agreement, Infinera will provide its XTC platform for the South Sumatra terrestrial…
Indonesia’s XL Axiata has awarded Ericsson a contract to contribute to the deployment of the operator’s planned 5G ready transport network. Under the expanded partnership, Ericsson will provide 5G ready routers for the rollout over the next three years,…
Indonesia’s XL Axiata swung back to a 376 billion rupiah ($28.1 million) profit in 2016, as the company benefited from its $250 million tower sale and a stronger rupiah. The sale of 2,500 telecoms towers to local tower operator Protelindo, announced in March,…
Axiata Group has no plans to downsize its operations in any of its eight markets, according to CEO Jamaludin Ibrahim. Last months, reports suggested that the company is considering selling stakes in its Indonesian, Cambodian and Sri Lankan operations, leading…
Indonesia’s Business Competition Supervisory Commission (KPPU) has ordered telecommunication operators Indosat Ooredoo and XL Axiata to provide more details concerning the establishment of their joint venture One Indonesia Synergy. The KPPU suspects that both…
Malaysia-based Axiata Group has reported a 37% slump in net profit for the first quarter ending in March, due in part to higher capex, financing and depreciation costs. Net profit fell to 368 million ringgit ($90.1 million) despite a 5.4% year-on-year…
Indonesia’s XL Axiata has revealed it will enter a joint venture with Indosat Ooredoo to provide consultancy services in future network collaboration between the two operators. The JV, PT One Indonesia Synergy, will be 50-50 owned by the two companies. In a…
Indonesia’s XL Axiata swung back to a net profit for the first quarter during what CEO Dian Siswarini said was a “promising start to 2016.” The operator reported a net profit of 20 billion rupiah ($1.5 million) during the period, which compares to a loss of…
Swedish telecom gear maker Ericsson said that it has signed a three-year contract with Indonesian telco XL Axiata for design and implementation of 4G/LTE network and upgrade of existing 2G and 3G networks in Jakarta and Central Java. The agreement includes…
The Indonesian mobile operator XL Axiata has revealed that the ongoing phased rollout of 1800MHz 4G LTEservices will target a commercial launch in Bandung, West Java by the end of the month, followed soon after by Jakarta in November, after the company…
Axiata Group Bhd’s Indonesian unit, PT XL Axiata Tbk, plans to establish a five trillion rupiah (RM1.4bil) sukuk programme to optimise its balance sheet and improve its capital efficiency. In a filing with Bursa Malaysia, Axiata said the sukuk programme would…
Telecommunications firm XL Axiata says that its 1,800 MHz 4G/LTE services will likely be available in Bandung, West Java by the end of the month, while subscribers in Jakarta may enjoy the service in November after the company concludes its nationwide band…
Malaysian telecommunications group Axiata Group Bhd has acquired the Southeast Asian operations of Komli Media, a digital advertising firm, for $11.25 million. In an announcement on Bursa Malaysia, the group said its subsidiary Adknowledge reached an…
Malaysia’s Axiata says profits rose sharply in the second quarter, thanks to contributions from various overseas interests, and claims to have seen improvements in the markets of Malaysia and Indonesia, where it has been struggling amid fierce competition.…
Indonesia’s second largest mobile telecommunications firm, XL Axiata, has concluded a multi-agency pitch that sees its media account change hands. Mindshare takes on the planning and buying business from Havas Media after three rounds of pitching against the…
