Mobile operator PT XL Axiata of Indonesia intends to sell some of its telecom towers to a tower operator linked to private-equity firm Carlyle Group for $459 million, in what would be one of the ...

Indonesian operator XL Axiata sold tower assets valued at IDR4.05 trillion ($296 million) to two local tower companies, as part of moves to cut debt. Profesional Telekomunikasi Indonesia (Protelindo) ...

XL Axiata can gain insights on the existing fiber coverage as well as identify the potential fiber tower locations that can meet the demand from both residential and business customers. Thus, ...

ublicly listed PT XL Axiata, one of the biggest telecommunications firms in Indonesia, saw its net profit drop in the third quarter this year, dragged down by falling gains from tower sales.

fter months of negotiations, telecommunication firm XL Axiata has agreed to sell its 2,782 telecommunication towers to two local companies and plans to use the proceeds to expand its 4G coverage ...

The group intends to position XL Axiata as a converged mobile ... and value illumination of the tower business. "In addition to unlocking value for the group, this move also supports Axiata ...

PETALING JAYA: Axiata Group Bhd ’s Indonesian ... that may unlock value included tower asset and digital businesses listings. HLIB Research said XL’s core profit after tax of 490 billion ...

SINGAPORE—Indonesian mobile operator PT XL Axiata EXCL0.90%increase; green up pointing triangle is looking to sell some of its telecom towers in a deal worth as much as $500 million that will ...

Reuters reported this week that Axiata had received offers for its 66.4%-owned Indonesian unit PT XL Axiata Tbk as well ... new markets or increasing their tower portfolio within the ASEAN and ...

Currently, XL Axiata is the third largest player in Indonesia ... Axiata said subsidiary edotco Group Sdn Bhd would sell its Myanmar tower business for US$150 million or RM713 million, cash ...

The owners of PT XL Axiata and PT Smartfren Telecom said the transaction would take effect on April 15, with the former being the surviving entity and changing its name to XLSmart Telecom ...