XL Axiata

Retail Asia10/05/2019

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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 network and the Jakarta-Bangka-Batam-Singapore (B2JS) cable. The XTC platform is powered by Infinera’s Infinite Capacity Engine solution, which […]

Retail Asia12/05/2016

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 statement to the Bursa Malaysia, XL parent Axiata Group said it is expected […]

Retail Asia30/03/2016

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 (Protelindo) and rent most of them back for 10 years as the anchor tenant. Announcing the […]

Retail Asia17/12/2015

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 options including selling stock to existing investors through a rights offering, according to the people. […]

Retail Asia30/10/2015

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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 be established under a two-year shelf registration programme. The first tranche or Shelf Sukuk […]

Retail Asia07/07/2015

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 its ‘special relationship’ with the area. ‘Since entering this region, we [have built an] affinity […]

Tag: XL Axiata

XL Axiata upgrading fiber network for 5G era

XL Axiata to form JV with Indosat Ooredoo

XL Axiata to sell more telecom towers for $250m

Malaysian Axiata’s Indonesia arm said to weigh US$500mil fundraising

Axiata’s Indonesia unit plans RM1.4bil sukuk programme

XL Axiata launches LTE in Lombok; Indosat to accelerate 4G rollout