You are here: DIME Home > Press Releases > XL Officially Merges with AXIS Becoming a Single Business Entity


XL Officially Merges with AXIS Becoming a Single Business Entity

The official merger between XL and AXIS means that both companies have legally joined to become a single business entity.

Author: Azzahra Jefri
Date: Jun 18, 2014 - 1:36:10 AM


Printer FriendlyPrinter friendly page

JAKARTA, April 8, 2014 – PT XL Axiata Tbk (XL) today officially announces its merger with PT Axis Telekom Indonesia (AXIS) has become effective, marked by the signing of merger deed by both parties. This means XL and AXIS have now become a single business entity that will serve more than 65 cellular subscribers throughout Indonesia.

Previously, XL on March 19 had concluded the acquisition process which officially makes XL the majority shareholder in AXIS.

XL Axiata President Director Hasnul Suhaimi said, “We are grateful and extend our utmost appreciation toward the support of all parties, paricularly regulators, shareholders, as well as XL and AXIS consumers, which led to realizing this merger. Consolidation in the telecommunications industry has become a necessity to ensure healthy and sustainable growth. Through the merger with AXIS, we hope that XL will be able to provide better service quality and reach more subscribers throughout Indonesia.”

The official merger between XL and AXIS means that both companies have legally joined to become a single business entity. This will generate positive impacts and deliver greater benefits for subscribers, such as ensuring better service quality and network (better), serving bigger number of XL subscribers (bigger), and provide wider availabiliity of products and customer services in the market (wider).”

About XL
PT XL Axiata Tbk. is one of the major cellular providers in Indonesia. PT XL Axiata Tbk. is 66.5% owned by Axiata Group Berhad through Axiata Investments (Indonesia) Sdn Bhd and public 33.5%, and is part of Axiata Group with Robi (Bangladesh),Smart (Cambodia), Idea (India), Celcom (Malaysia), M1 (Singapore), SIM (Thailand) and Dialog (Sri Lanka).

Grha XL
Jl. DR. Ide Anak Agung Gde
Agung Lot E4-7 No.1,
Kawasan Mega Kuningan,
Jakarta 12950
Tel.: (021) 576 1881
Fax.: (021) 576 1880
http://www.xl.co.id/corporate/en/home



View all articles by Azzahra Jefri

Link to this article:

Code to copy: <a href="http://www.dime-co.com/press-release/XL-Officially-Merges-with-AXIS-Becoming-a-Single-Business-Entity.shtml">XL Officially Merges with AXIS Becoming a Single Business Entity</a>




Related Articles...

Easy Backup, Enhanced Availability, and User-friendly Interface in Handy Backup for Android

May 8, 2011 - 5:08:35 AM

Alliance, Ohio, May 8, 2011 – Novosoft, an international software development and IT consultancy company, announced the release of a new version of Handy Backup for Android. The utility presents simple interface, integration with secured online backup service, and functionality to back up messages, call logs, contacts, and SD card data. The app supports API v2.0 – 2.2. The utility now can be downloaded from the official Handy Backup site besides being traditionally available on Android Market.... [Read the full story]

238,000 New Jobs Added to US Economy in 2010 by Work At Home Job Site WorkAtHomeJobs.org

Dec 30, 2010 - 1:27:38 AM

... [Read the full story]

Record and watch using motion sensor

Dec 29, 2010 - 11:19:24 AM

 ... [Read the full story]

Kensturgeon.Com: The Most Trusted Aberdeen Internet Marketing Agency

Dec 29, 2010 - 9:14:01 AM

Located on the north side of Aberdeen, Ken Sturgeon Marketing Limited is an Aberdeen Internet Marketing consulting firm. It helps businesses to get to the top of many search engines such as Google, MSN, and others. The firm offers you excellent web video marketing and SEO services which help you get more targeted traffic to your website. It, in turn, improves your online reputation and gets you more business enquiries and sales opportunities. In addition to internet marketing solutions, the firm also offers you free consultation for the first time. It provides you with lots of unique ideas to improve your business rankings in search engines.... [Read the full story]


Newest Articles in Popular Topics:

Business & Marketing Computers & the Internet Entertainment Health & Fitness
Finding Ways To Save Money And Maximize Revenue In Business
Cooper's Golf Park Tees Off Their New Website
Fiinovation Adjudged CSR Team of the Year & Caring Company at World CSR Day
Reasons Why Kale Realty is the Best Real Estate Firm in All of Chicago
Montreal Tech Startup Kangaroo Rewards Launches Mobile Loyalty Program for Local Merchants
It is time we break out of the SEO Shelter
3 Strong Reasons You Should Start Your Own Blog
Evolve Your Career With CompTIA A+ Certification Exam
High speed VMware Backups - Powered by UltraBlaze(™) from Vembu
Things to Consider When Selecting a Domain Name for Your Website
Fling Boom "Launches" This Holiday Season
Beautiful Abstract Canvas Art is Up for Grabs
Buying Art as a Gift: Tips From an Expert
Complete Guide to the 2014 Gatlinburg Fine Arts Festival Released by Jackson Mountain Homes
Learn Blues Music Online-Alternative to Traditional Piano Lessons
Avoid This Weight Loss Killer
Recognizing the Causes and Symptoms of Bladder Cancer in Women
Four Reasons to Consider Permanent Tattoo Removal
Three Types of Hormone Replacement Therapy and Why They Are Needed
Causes and Treatment of Acne

Home & Family

Shopping

Sports

Travel
Enhance Your Learning Experience Through Best Responsive Elearning Development Tools
Best Apps for Learning German
Esvees is Cranbourne's Elite Hair Dressing Company
Ozone Generator
Practical Tips When Choosing Gates and Gate Openers for Your Home or Business
Why Cases are Required for Mobile Phones?
Are Dealership Services Worth It?
2015 Jeep Grand Cherokee Named Must-Shop SUV for Towing from AutoTrader.com
Online Selling With An Appraisal Advantage
Macsome AudioBook Converter released New Version V2.0.4
Aditi Ashok signs off with a double
Softball Coaching: Avoid Becoming A Nattering Nabob of Negativity
Softball Coaching Tips - The Funnel Approach
Pick Up Specialized Advice on Jumping Exercises Which Are Highly Effective
Vertical Jump Training Tactics to Increase Your Athletic Performance
Tips for Choosing the Right Paris Short Lets
Hostels - the best choice for working womens and college students
Perfect holiday? Book a cruise and sail in Croatia!
Say Aloha to Your Best Vacation Ever with Kohala Coast Properties
The Perfect Guide for a Fantastic Family Trip to Kansas City

 



Follow & Share Your Favorite Video Articles

Tell a Friend About This Site



Chamber of Commerce - on the Web logo



Subscribe to the eMarket SmartsTM Newsletter in order to keep up to date with what's happening with dime-co.com, get the emails on new video articles, featured articles, and more. Your privacy is always protected. We never rent, sell or trade your private information

:
:

Service provided by GetResponse Autoresponders


Recommended Associates


Latest Articles in All Categories


Putting Up a Small Commercial Printing Business
So You Might Be Unemployed And Desire To Become A San Francisco Real Estate Investor Now
Meditation and Mindfulness: Dealing With Emotion
CPA Websites: Five Essential Ideas for Composing Convincing Articles
Set Goals In Order to Come Up With Your Action Plan
Is the Air in Your Home Safe to Breathe?
Coarse Fishing Tackle Review: The JW Young 13ft Trotter Rod
Section 1031 Exchanges For San Diego Real Estate Investors
Phoenix Real Estate Investing For Highest Possible Earnings
Legendary are the Volk Racing TE37 Wheels
Developing the Next Generation Wall Station (ChaseDesk™) for Healthcare - A Case Study
What are step down transformers?
Introducing Sharehype, the Revolutionary Tool for Online Marketers
Rewards To Shopping For Austin Real Estate On The Web
Hydroponics for Beginners



Do you write?

Would you like submit your articles and have them approved on a priority status? Find out more about how you can become a Priority author for pennies a day! Click here.

Dime-co.com Home
  • Business (9328)
  • Computers & The Internet (5740)
  • Entertainment (1348)
  • Family (958)
  • Finance (1963)
  • Health (4246)
  • Home and Living (6670)
  • Marketing (6113)
  • Shopping & Product Reviews (2624)
  • Sports (694)
  • Travel and Vacations (1689)
  • Video Articles (1)
  • Editors Pick (1)