Axiata

Billionaire Widjaja family merges Indonesian telecoms businesses with Axiata in $6.5 billion deal

Axiata is headquartered in Kuala Lumpur. © 2021 Bloomberg Finance, Inc. Smartfren Telecom, controlled by Sinar Mas, the investment company…

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Shareholders approve XL Axiata, Smartfren merger

The new entity XLSMART will serve more than 94.3 million subscribers and generate $2.76 billion in revenue.

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