Friday, 21 July 2017

XL Axiata's Axis takeover gets initial OK

By Nick Wood, Total Telecom
Tuesday 13 August 13

Telco watchdog yet to submit review as Saudi Telecom plots its escape from Indonesia.

Saudi Telecom took another step towards exiting Indonesia on Tuesday after ministers gave preliminary approval for it to sell its majority stake in Axis to local rival XL Axiata. "In principle, I have approved the plan involving XL Axiata and Axis…

Saudi Telecom took another step towards exiting Indonesia on Tuesday after ministers gave preliminary approval for it to sell its majority stake in Axis to local rival XL Axiata. "In principle, I have approved the plan involving XL Axiata and Axis…

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