XL Axiata’s shares slipped as much as 1.3% Tuesday, the most since Nov. 22, but later pared the loss. They have advanced 15% since the start of this year, giving the company a market value of $1 ...

Axiata, Sinar Mas officially exploring RI telco business merger Publicly listed telecommunication companies PT XL Axiata and PT Smartfren Telecom are considering a merger to create a new industry ...

(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 ...

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 PT Smartfren ...

XL Axiata is Axiata’s largest asset and from a portfolio standpoint, Indonesia is the highest value creator, where it runs five main businesses - XL Axiata, Link Net, EDOTCO, Boost and ADA.

Indonesian telco Axiata and conglomerate Sinar Mas have entered discussions to discuss a potential merger of their Indonesian telecommunications operations. According to a stock exchange filing, the ...

Axiata, Sinar Mas seek permission for Indonesia telco merger, minister says Their planned merging of Indonesian units, PT XL Axiata and PT Smartfren Telecom would further consolidate companies in ...

Axiata and Sinar Mas have entered into a non-binding agreement to consolidate the telecom industry in Indonesia. Discussions are at an early stage, Axiata said, adding that there was no certainty ...

KUALA LUMPUR, March 26 (Bernama) -- Axiata Group Bhd and Sinar Mas announced that shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom (SmartTel) have formally approved the ...

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 ...

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 operations in ...