EXCL-FREN Consolidation Signals New Opportunities

President Director of PT XL Axiata Tbk. (EXCL) Dian Siswarini has discussed the potential for the consolidation of telecommunications operators in Indonesia. Despite these opportunities,

Annisa Kurniasari Saumi

10 Okt 2023 - 19.06
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EXCL-FREN Consolidation Signals New Opportunities

An employee serves customers at one of the XL Centers in Jakarta. Photo/JIBI-Fanny Kusumawardhani

Bisnis, JAKARTA—President Director of PT XL Axiata Tbk. (EXCL) Dian Siswarini has discussed the potential for the consolidation of telecommunications operators in Indonesia. Despite these opportunities, EXCL remains committed to emphasizing convergence services and the fiber to the home (FTTH) segment.

President Director of PT XL Axiata Tbk. (EXCL) Dian Siswarini has indicated that there may be room for the consolidation of telecommunications operators in Indonesia, suggesting that the current number of four operators could be excessive. She mentioned that EXCL and its shareholders are actively exploring the potential for consolidation.

This statement hints at the ongoing discussions regarding consolidation between PT XL Axiata Tbk. (EXCL) and PT Smartfren Telecom Tbk. (FREN), which are still under consideration.

Dian clarified that while discussions are underway between the shareholders of both operators, namely Axiata Investments (Indonesia) Sdn. Bhd. as the parent of EXCL and the Sinar Mas Group as the controller of FREN, EXCL's management has not played a significant role in the consolidation discussions.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Aprilian Hermawan
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EXCL-FREN Consolidation Signals New Opportunities

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