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Jakarta XL Axiata Axis Capital group XL Axiata completes Axis acquisition
by Louis Vail
20 pages    326 reads    0 people's favorite    0 likes
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7.75"x5.75" - Choice of Hardcover/Softcover - Color - Photo Book
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About the Book

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.

Features & Details
Created on: Jun-04-2014   Last updated:  Jun-04-2014
Format: 7.75"x5.75" - Choice of Hardcover/Softcover - Color - Photo Book
Theme: Journal    Privacy: Everyone
Preview Limit: 20 Pages
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Jakarta XL Axiata Axis Capital group    XL Axiata completes Axis acquisition   
 
About Author
louisvail
Joined: Jun-04-2014

Axiata group.






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