Billionaire Widjaja family-backed Smertfren and Malaysia's Axiata Group are in talks to merged their mobile phone companies in Indonesia, one of Southeast Asia's most competitive telecom markets.

Indonesian telcos XL Axiata , Smartfren Telecom and its unit Smart Telcom (SmartTel) have agreed to merge to create an entity with an enterprise value of 104 trillion rupiah ($6.5 billion), the ...

PRESS RELEASE: ZTE Corporation and Smartfren Business, the leading telecommunications service provider in Indonesia for both retail and corporate sectors, have officially signed a Memorandum of ...

JAKARTA, Indonesia, Sept. 24, 2020 /PRNewswire/ -- Whale Cloud Technology CO., LTD., a leading company providing software solutions and services for telecommunication and multiple industries ...

Smartfren had less than 4 per cent share of the country’s 356 million mobile connections at end-December, GSMA Intelligence data showed. Indonesia’s Communications and Information Ministry (known ...

Wed, December 11, 2024 Published on Dec. 11, 2024 Published on 2024-12-11T16:23:03+07:00 T XL Axiata and PT Smartfren Telecom have announced an agreement to merge their businesses, with XL Axiata ...

Indonesian telco Smartfren and UAE technology firm G42 are to develop a 1,000MW data center in Indonesia. The two companies have signed a memorandum of understanding (MoU) for the project, but didn’t ...

In Q3 2015, Smartfren launched the first nationwide 4G LTE-Advanced service, providing customers with the widest 4G LTE network coverage in Indonesia. Smartfren is a member of Sinarmas. Contacts ...

The proposed merger between Axiata Group Bhd’s 66.3%-owned XL Axiata and Indonesia’s Smartfren could see improved economies of scale, operational synergies, reduced competition and capital ...

Fri, January 3, 2025 Published on Jan. 2, 2025 Published on 2025-01-02T11:11:31+07:00 he country’s two smallest mobile operator companies PT XL Axiata Tbk and PT Smartfren Telecom officially ...

ZTE Corporation (0763.HK / 000063.SZ), which positions itself as a global leading provider of integrated ICT solutions, in partnership with Smartfren, a leading telecommunications and ICT player ...

With the XL Axiata-Smartfren merger set for completion in the second quarter of 2025, all of the group’s markets will transition to a three-player structure, with Axiata holding over 25 per cent ...