Below is a list with tagged columns and company profiles.

Today's Headlines XL Axiata

  • XL Axiata May Sell Part of Stake in E-Commerce Platform Elevenia

    XL Axiata May Sell Part of Stake in E-Commerce Platform Elevenia

    One of Indonesia's leading cellular services providers, XL Axiata, may sell part of its stake in online marketplace Elevenia to collect new funds for expansion of this e-commerce platform. However, there is also another option. XL Axiata could also decide to use funds from its internal cash reserves. Dian Siswarini, President Director of XL Axiata, said a decision will be taken within the next two months.

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  • Indonesia's Indosat Ooredoo & XL Axiata Suspected of Cartel Practices

    Indonesia's Indosat Ooredoo & XL Axiata Suspected of Cartel Practices

    Indonesia's Business Competition Supervisory Commission (KPPU) has ordered telecommunication operators Indosat Ooredoo and XL Axiata to provide more details concerning the establishment of their joint venture One Indonesia Synergy. The KPPU suspects that both companies are involved in cartel practices, more specifically the companies are suspected to have breached Law No. 5/1999 on the Ban on Monopolistic Practices and Unfair Business Competition in terms of price fixing, market allocation and output restriction.

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  • Promising Online Mobile Games Industry in Indonesia as 4G Network Expands

    Promising Online Mobile Games Industry in Indonesia as 4G Network Expands

    As Indonesia is expanding its high-speed 4G mobile broadband network across the archipelago - meaning that more and more Indonesians will be connected to the Internet - the online mobile games industry has ample room for growth in Southeast Asia's largest economy. According to Netherlands-based Newzoo, a global market research and predictive analytics firm (with a main focus on games), revenue in the mobile games industry of Indonesia is expected to grow over 45 percent annually during the next couple of years.

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  • Foreign Direct Investment Indonesia: up in Rupiah, down in USD Terms

    Foreign Direct Investment Indonesia: up in Rupiah, down in USD Terms

    The Indonesia Investment Coordinating Board (BKPM) announced today (27/07) that - in rupiah terms - foreign direct investment (FDI) in Indonesia rose 18.2 percent (y/y) to IDR 92.2 trillion rupiah in the second quarter of 2015, the fastest growth pace recorded since 2013. However, in US dollar terms, FDI fell to USD $7.38 billion in Q2-2015 from USD $7.43 billion in the same quarter one year earlier. The BKPM uses an IDR 12,500 per US dollar exchange rate in 2015 and an IDR 10,500 per US dollar exchange rate in 2014.

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  • Corporate & Financial Headlines in Indonesia: Daily Market Roundup

    What were the important corporate news headlines from Indonesia on Thursday 14 August 2014? Below Indonesia Investments presents the daily market roundup. This includes the following companies and topics: XL Axiata, Telekomunikasi Indonesia (Telkom), Kalbe Farma, Telekomunikasi Seluler, Telkomsel, Golden Agri Resources, Matahari Putra Prima, Loop card, Lippo Group, Hypermarts, the Industry Ministry of Indonesia, technology businesses, and the ASEAN Economic Community (AEC).

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  • Only Telkom Posts Good Results in Indonesia's Telecommunication Sector

    In recent years, the telecommunication sector of Indonesia has been a tough arena for mobile phone operators. In terms of voice services, the once highly prospective industry has become more and more saturated over the years. Amid fierce competition tariffs for mobile phone services have been brought down significantly, while a new group of subscribers (from the poorer segments of society) have limited spending capacity. However, with the introduction of the increasingly popular smartphone, there is still room for growth.

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  • New Minimum Share Requirement and Listing Fee for Listed Companies

    The Indonesia Stock Exchange (IDX) will increase the minimum ratio of shares that need to be listed on the IDX by a listed company. Through Regulatory No. I-A regarding the Listing of Shares & Equity Securities other than Shares Issued by Listed Companies (Peraturan Nomor I-A tentang Pencatatan Saham dan Efek Bersifat Ekuitas yang Diterbutkan oleh Perusahaan Tercatat), the minimum ratio of publicly issued shares is 7.5% of a company's total enlarged capital. If companies will not comply, they may face de-listing from the IDX.

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  • Telkom's Telekomunikasi Seluler (Telkomsel) May Conduct IPO in 2014

    In order to raise new funds for business expansion, PT Telekomunikasi Indonesia (Telkom) is considering to list its subsidiary Telekomunikasi Seluler (Telkomsel) on the Indonesia Stock Exchange in 2014. Through its Telkomsel unit, Telkom is Indonesia’s leading provider of mobile telecommunications and digital data services. The company currently has around 125 million cellular subscribers in a sector where rife competition for cellular subscribers has limited net profits. Telkom, however, is the only Indonesian operator that posts strong growth.

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  • Company Profile of XL Axiata: a Leading Cellular Operator in Indonesia

    Indonesia Investments updated the company profile of XL Axiata. The company is one of Indonesia’s leading cellular service providers, offering various types of telecommunication products and services including Voice, SMS, Data, and other mobile telecommunication services to Indonesians through its extensive network in the country. However, Indonesia's telecommunication market has lost some of its glory as the mobile phone market has become saturated while competition remains rife.

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Latest Columns XL Axiata

  • Performance Indonesia's Telecommunication Providers Improves in 2015

    Performance Indonesia's Telecommunication Providers Improves in 2015

    The financial performance of Indonesia's listed telecommunication and network providers improved in 2015. Indonesia's three largest listed telecommunication companies Telekomunikasi Indonesia, XL Axiata and Indosat Ooredoo all recorded a better financial performance last year. However, this does not mean all three companies posted net profit. In fact, only Telekomunikasi Indonesia recorded net profit. The other two companies still posted a net loss, albeit their losses were much lower compared to one year earlier. Given that Indonesia's economic growth is expected to accelerate in 2016, these companies should be able to continue growing this year.

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  • Telecommunications in Indonesia: Telkom, Indosat & XL Axiata

    Telecommunications in Indonesia: Telkom, Indosat & XL Axiata

    Despite sharp competition, slowing profit margins and a saturating voice and SMS services market, Indonesia’s telecommunications industry still has lucrative prospects as there is still room for growth in data services, value-added services and still relatively low smartphone penetration (as well as low Internet penetration). However, of the big three Indonesian telecommunication network and services providers - Telekomunikasi Indonesia (Telkom), XL Axiata and Indosat - only Telkom managed to post net profit over 2014.

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Associated businesses XL Axiata