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 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 has arranged to sell 2,500 more telecom towers for 3.56 trillion rupiah ($250 million) as part of an ongoing asset management reorgnization. XL has agreed to sell the towers to local tower operator Professional Telekomunikasi Indonesia…
PT XL Axiata, the most indebted of Indonesia’s listed wireless carriers, is considering raising as much as US$500mil next year, people with knowledge of the matter said. The company, a unit of Malaysia’s Axiata Group Bhd., is weighing several fundraising…
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…
Indonesian mobile operator XL Axiata today launched a commercial 4G Long Term Evolution (LTE) service in the 1800MHz band in Mataram, Lombok. The firm’s director of service management Ongki Kurniawan explained that the decision to choose Lombok was based on…