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Hutchinson, Axiata Considers to Merge Indonesian Unit

JAKARTA (TheInsiderStories) - Hong Kong' CK Hutchison Holdings Ltd. (Hutch) approached Malaysia' Axiata Group Berhard on the potential merger of their Indonesian units, PT Hutchison 3 Indonesia...

Singapore’s Princeton Digital Acquires 70% XL Axiata Data Center Business

Jakarta (TheInsiderStories) - Princeton Digital Group (PDG), an internet infrastructure developer and operator based in Singapore acquired 70 percent of PT XL Axiata Tbk (IDX: EXCL)...

Indonesia’s XL Axiata, Indosat Releases Bond in January

JAKARTA (TheInsiderStories) - Two Indonesian cellular operators has planned to released local currency bond with total amount Rp2.5 trillion ( US$177.30 million). PT XL Axiata Tbk...

Indonesia’s XL Axiata Published Debt Securities US$138M

JAKARTA (TheInsiderStories) - Indonesian cellular operator PT XL Axiata Tbk (IDX: EXCL) published two debt securities under a two-year program with total amount Rp2...

Moody’s Upgrades Indonesia’s XL Axiata to Baa3

Singapore -- Moody's Investors Service has today upgraded to Baa3 from Ba1 the issuer rating of XL Axiata Tbk (P.T.) (XL). This is the...

XL Axiata Posts Profit Rp375.2 B in 2017

JAKARTA (TheInsiderStories) - Indonesia based telecommunication provider PT XL Axiata Tbk (IDX: EXCL), booked Rp375.24 billion profit in 2017 or slightly down compared to...

Joy Wahyudi : Indosat Returns to Core Business

JAKARTA (TheInsiderStories) - PT Indosat Tbk (ISAT), the second-largest telecom player in Indonesia, reported 29 per cent growth in net profit, at Rp1.09 trillion...