Axiata

Macquarie Takes a Bold Step: Bidding for Axiata’s Telecom Infrastructure Division

5 months ago

In a major development in the telecommunications sector, Australian investment group Macquarie has reportedly placed a bid for Axiata Group Berhad’s telecom infrastructure arm. This move signals a potential reshaping of the telecom landscape in Asia as Macquarie seeks to expand its footprint in the fast-growing digital infrastructure market.

Major Telecom Merger: Axiata and Sinar Mas Unite Their Indonesian Operations in a $6.5 Billion Deal

5 months ago

In a significant move set to reshape the telecommunications landscape in Indonesia, Axiata Group Berhad, a prominent Malaysian telecommunications company, has announced its decision to merge its Indonesian subsidiary, XL Axiata, with Sinar Mas Group's mobile unit, Smartfren. The deal is valued at a remarkable $6.5 billion and is poised to create a formidable player in the bustling Indonesian market, which is notorious for its fierce competition among telecom providers.

Axiata Group and Sinar Mas Poised to Finalize Deal for Indonesian Units

6 months ago

In a significant move within the telecommunications sector, Axiata Group Berhad is reportedly nearing a deal with Indonesia's Sinar Mas Group to acquire stakes in their local telecommunications units. This potential transaction could reshape the competitive landscape of the Indonesian telecom market, further enhancing Axiata's position amidst a growing demand for digital services.