One Horizon Group, Inc. , which develops and licenses the world's most bandwidth-efficient mobile Voice over Internet Protocol platform for Smartphones, today announced that Smartfren Telecom, Tbk ...

Indonesia—Southeast Asia’s largest economy—has four mobile phone carriers, the smallest of whom are XL Axiata and Smartfren. Combining the two companies will create a larger company with a ...

Indonesian mobil providers XL Axiata and Smartfren will merge to create XLSmart, a new $6.5 billion entity. ISMI DAMAYANTI and REZHA HADYAN, Nikkei staff writers. December 11, 2024 16:27 JST.

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 ...

Smartfren Telecom—controlled by billionaire Widjaja family’s Sinar Mas—and Malaysia’s Axiata Group are merging their Indonesian telcos in a deal valued at $6.5 billion.

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 ...

Smartfren, one of the youngest telecommunications companies in Indonesia, plays in an arena punctuated with fierce competition. To rise above the competition, Smartfren wanted to increase brand ...

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 ...

Smartfren is Indonesia’s smallest mobile operator. The research firm notes that Axiata is no stranger to in-country consolidation, having executed mergers in Sri Lanka (which is ongoing ...

News The deal comes with a price tag of $6.5 billion Having been in discussions since May this year, Indonesia’s third- and fourth-largest telcos, XL Axiata and Smartfren, have finally… This article ...

Review the current PT Smartfren Telecom Tbk Registered Shs Series -A- (FREN:XIDX) dividend yield and history to decide if FREN is the best investment for you.