Indonesian Telcos – Final piece of the consolidation jigsaw? Proposed merger between XL and Smartfren. Our thoughts with implications for the telcos and the towers.
Indonesia's mobile industry is seemingly one step closer to its long-awaited final consolidation move. Axiata has entered into a non-binding MOU agreement with Sinar Mas for a proposed merger between XL Axiata and Smartfren.PT Indosat is an Indonesian telecommunications network and service provider. Co.'s principal products and services include Cellular services in which Co. provides Global System for Mobile Communications 900 and 1800 cellular services; Fixed telecommunications services in which Co. provides international long-distance services in Indonesia; and MIDI services in which Co. provides broadband and narrowband fixed data services, including frame relay services, Very Small Aperture Terminal services, leased circuits and Internet services, through Lintasarta, PT Indosat Mega Media to corporate and retail customers and wholesalers.
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