(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 ...

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 ...

KUALA LUMPUR: Axiata Group Bhd has entered into a definitive agreement with Sinar Mas for the proposed merger of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and Smartfren subsidiary PT Smart ...

XL Axiata had 58 million subscribers as at June 30, according to its latest financial presentation. Axiata owns about 66 per cent of the firm. Smartfren, a unit of Sinar Mas, had 36 million customers ...

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

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.

Axiata, Sinar Mas closer to $3.5 billion telco merger in Indonesia, Bloomberg reports. ... The companies plan to merge their Indonesian units, PT XL Axiata and PT Smartfren, ...

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 ...

(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 ...

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) -- Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group are nearing an agreement to merge their telecommunications operations in Southeast Asia’s ...