
News
XL Axiata and Smartfren Officially Join!
PT XL Axiata Tbk. (EXCL), PT Smartfren Telecom Tbk. (FREN), and PT Smart Telecom (SmartTel) have agreed to merge, with a combined value before synergy of over US$ 6.5 billion, or around Rp 104 trillion. The result of this merger will be a new telecommunications company named PT XLSmart Telecom Sejahtera Tbk. (XLSmart).