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 ...

Postpaid plans bill you for your data, talk, and text usage after a set period, usually monthly. This model is very convenient because you can't run out of data or minutes mid-month, even if you ...

The owners of PT XL Axiata and PT Smartfren Telecom are working with advisers to help weigh a potential transaction, the people said, asking not to be identified because the matter is private.

With the XL Axiata-Smartfren merger set for completion in the second quarter, all of the group’s markets will transition to a three-entity structure, with Axiata holding over 25% market share in ...

Mon, March 27, 2023 Published on Mar. 27, 2023 Published on 2023-03-27T13:23:03+07:00 T Smartfren Telecom Tbk. and Xingtera Inc. are joining forces to strengthen collaboration on 5G private ...