Due to Holiday rush, please allow up to 6 business days for book production. We also recommend your expedite the shipment if it is needed to insure timely delivery
Jakarta XL Axiata Axis Capital group XL Axiata completes Axis acquisition

Jakarta XL Axiata Axis Capital group XL Axiata completes Axis acquisition

Created on: Jun-04-2014   Last updated: Jun-04-2014


7.75" x 5.75" - Choice of Hardcover/Softcover - Color - Photo Book
Theme: Journal    Privacy: Everyone
20 pages    257 reads    0 people's favorite    0 likes   
Add as a Favorite      Like it

Share with Friends


Indonesian mobile operator XL Axiata, a subsidiary of Malaysia’s Axiata Group, has completed the acquisition of smaller rival Axis Telekom. Earlier this month the transaction received approval from Indonesian anti-monopoly authority Komisi Pengawas Persaingan Usaha (KPPU) – the last regulatory hurdle needed for the deal to proceed – with both companies’ shareholders plus other Indonesian regulators already having approved the takeover. In December 2013 the Ministry of Communications and Information Technology (MoCI) agreed to the transaction going ahead on the condition that the enlarged entity hand back several blocks of 2100MHz mobile frequency spectrum. Axiata said that through its acquisition and merger with Axis, XL will provide better and more comprehensive services to a greater number of customers throughout Indonesia.


Author Profile

Joined: Jun-04-2014

More Books From this Author:

Author's Personal Bookstore

Author Bio

Axiata group.

More books from author