Axiata and Sinar Mas are reportedly continuing discussions on the XL Axiata-Smartfren merger transaction plan.
Please note that this article was automatically translated using Microsoft Azure AI, Open AI, and Google Translation AI. We cannot ensure that the entire content is translated accurately. If you spot any errors or inconsistencies, contact us atPresident Director of PT XL Axiata Tbk Dian Siswarini during a halalbihalal session with the media, Thursday , in Jakarta.reportedly will continue plans to combine their telecommunications business operations in Indonesia.
Last week, telecommunications operator Dialog Axiata PLC, which is mostly owned by Axiata Group Bhd, signed an agreement to acquire Bharti Airtel operations in Sri Lanka. "If the crescent moon is not there, then the thorough testing also has not been done. If the certainty is out, we will definitely announce it to the media," he said.Dian explained that consolidation between mobile telecommunications companies is good for the health of the mobile telecommunications industry and the operational efficiency of the involved companies, as well as improving services to consumers.
"However, usually, it is the government that will make the decision on how much spectrum frequency bandwidth should be returned by operators who are ready to consolidate," he said.Dian stated that so far, PT XL Axiata Tbk has already allocated funds ready to be used to participate in the auction of new frequency spectrum. She also mentioned that the company is in need of additional bandwidth of frequency spectrum to increase the speed of their services to customers.
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