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Hutchsion to Acquire Local Telco Players

JAKARTA (TheInsiderStories) - PT Hutchison 3 Indonesia plans to acquire one of three mobile operators in Indonesia. The company has held talks with the...

Indonesia’s XL Axiata to Release 4,500 Towers

JAKARTA (TheInsiderStories) - An Indonesian telecommunication operator, PT XL Axiata Tbk (IDX: EXCL) plans to release 4,500 towers due to changes in network architecture....

Insight: Indonesia’s Telco Industry Needs Consolidation

JAKARTA (TheInsiderStories) – The financial performance of Indonesian telecommunications (telco) operator continues to degenerated lately amid the tight competition among the players. The contribution...

Indonesia to Consolidates Telco Companies Amid Technology Changes

JAKARTA (TheInsiderStories) – Indonesian government is planning to consolidate telecommunication companies to only three players left, said one executive yesterday (02/20). Currently, there are...

Indonesia’s XL Axiata Raises US$90.8 M from Bond Issuances

JAKARTA (TheInsiderStories) – An Indonesian telecommunication operator, PT XL Axiata Tbk (IDX: EXCL) gives more space to get funding from the market.  After the offering...