XL Axiata reports 5% profit increase - Mobile World Live

XL Axiata reports 5% profit increase

31 OCT 2011

Indonesian number three operator XL Axiata has reported a 5 percent increase in net income for the first three quarters of 2011 compared to a year previously. The company secured IDR2.2 trillion (US$259 million) in net income from total revenues of IDR14 trillion (US$1.58 billion), an 8 percent increase. The company said much of the revenue increase was down to a 50 percent rise in revenue from data services.

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Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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