Axiata Stories

Indonesia is home to three of major mobile operators, Indosat, Telkomsel and XL Axiata, once famous for the sales of its towers for allegedly paying its debts and its integration with another telecommunications provider, Axis Capital Group.

Today is the digital universe. For the next decade, we will be expanding by 40%, counting not only the increasing number of people and enterprises online but also almost everything related to our life. It is impossible to search online nowadays and not get answers.

Jakarta Telekom XL Axiata Axis Capital Group Indonesia . XL Axiata, the country’s second-largest telecommunication company, has secured $200 million in loans from two foreign banks to help it finance its acquisition of Axis Telekom.

The Indonesia stock market has finished higher in back-to-back sessions, gathering almost 20 points or 0.4 percent along the way. The Jakarta composite Index settled just above the 5,165-point plateau and the market may inch higher again on Wednesday.