Malaysian telco giant Axiata and Indonesian conglomerate Sinar Mas are considering merging their telecom operations in Indonesia in a deal that could create a combined entity with a market ...

XL Axiata’s shares slipped as much as 1.3% Tuesday, the most since Nov. 22, ... An Axiata-Sinar Mas deal would add to the list of Indonesian telecoms mergers over the past few years.

Malaysia’s biggest wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group have revived talks that could lead to a merger of their telecommunications operations in ...

JAKARTA - May 15, 2024 — Axiata Group Berhad (“Axiata” or “the Group”) and (a) PT Wahana Inti Nusantara (“WIN”); (b) PT Global Nusa Data (“GND” ...

Malaysian conglomerate Axiata Group and Indonesian group PT Sinar Mas are going ahead with plans to merge their telecom operations in Indonesia to create a $3.5 billion entity, Bloomberg News ...

KUALA LUMPUR: Axiata Group Bhd and Indonesian group PT Sinar Mas have entered into a non-binding memorandum of understanding (MoU) to mutually explore a proposed merger of XL Axiata and Smartfren ...

PETALING JAYA: Axiata Group Bhd has signed a non-binding memorandum of understanding (MoU) with an Indonesian conglomerate, Sinar Mas to mutually explore a proposed merger of PT XL Axiata Tbk and ...

(Bloomberg) -- Malaysia’s biggest wireless carrier Axiata Group Bhd. and Indonesian conglomerate Sinar Mas Group are exploring options that could include a merger of their telecommunications ...

Bloomberg reported Axiata Group and conglomerate Sinar Mas were finalising talks to merge their Indonesian mobile businesses, which would give XL Axiata the scale to better compete with the country’s ...

"Combining XL Axiata’s extensive infrastructure and reach with Smartfren’s digital innovation, XLSMART is better able to serve consumers and businesses in the era of digitalisation," they said.

Malaysia’s biggest wireless carrier Axiata Group Bhd. and Indonesian conglomerate Sinar Mas Group are exploring options that ... CK Hutchison approached Axiata about potential XL deal in 2019 ...