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XL Axiata posts $41M net loss in H1

XL Axiata reported a IDR483 billion ($41.3 million) loss in first half of the year, …

XL Axiata secures approval on Axis merger

Asian operator group Axiata’s Indonesian unit has gained regulatory approval to acquire Axis Telekom, the …

Axiata inks deal to create Indonesian number 2 operator

Asian operator group Axiata inked a deal to acquire Indonesian operator Axis, a move that …

Axiata negotiates to form Indonesia’s second operator

Indonesian operator XL Axiata is in negotiations to acquire smaller rival Axis Telekom which, if …

Axiata mulls Indonesian consolidation – report

Axiata is considering a bid for PT Axis Telekom, a rival in the Indonesian mobile …

New service offers m-commerce via airtime

Start-up Coda Payments is targeting Asian markets with a new service that enables mobile subscribers …

Yahoo scraps Livestand app

Yahoo has said it will withdraw its digital Livestand for iPad app just six months after it was launched, as part of a platform consolidation effort

Yahoo launches Axis mobile browser

Yahoo has launched a mobile browser and search tool as it attempts to make a greater impact in the mobile sector

Industry touts social network-based mobile money

LIVE FROM GSMA MOBILE MONEY SUMMIT 2011: Closer integration with social networking has the potential to be a major new market opportunity for mobile money services, industry leaders said at a press roundtable event today.

STC increases stake in Indonesias Axis

Saudi Telecom Company (STC) has taken full control of Indonesia’s PT Natrindo Telepon Seluler (NTS) following an increase in its stake in the company from 51 percent to 80.1 percent