Axiata to create wholesale fibre company in Indonesia
Axiata Group laid out plans to position its two operating units in Indonesia as a converged service company and a specialist wholesale fibre company, with the goal of improving joint asset utilisation and operating efficiencies.
XL projects continued growth in 2023
Indonesia-based XL Axiata forecast continued revenue gains in 2023 after recording growth in Q4 fuelled by rising 4G adoption and improved ARPU. In its earnings release, the operator predicted mid- to high-single-digit revenue growth.
Axiata expands in Indonesia with Link Net offer
Axiata Group teamed with its Indonesia unit to commit to acquiring a majority interest in broadband and cable-TV provider Link Net for IDR8. 7 trillion ($604. 8 million), to expand its digital services in a high-growth region.
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