XL Axiata sells towers to STP for US$460m
Indonesia’s second-largest mobile operator XL Axiata has decided to sell 3,500 towers to local towerco Solusi Tunas Pratama (STP) for ...
Tag: Axiata
Providence targets US$242m from Idea stake sale – report
Private equity firm Providence reportedly aims to raise up to US$242m from the sale of a 2.4% stake in Indian ...
American Tower frontrunner for Viom stake – report
American Tower has reportedly submitted the highest bid – Rs190bn (US$3.13bn) – for a majority stake in Indian towerco Viom ...
China Mobile seeks Axiata minority stake
State-owned China Mobile has reportedly approached Axiata about buying 20% of the Malaysia-based Asian telecoms giant. But a deal was ...
Four shortlisted for Viom Networks stake – report
Two US private equity firms, Carlyle and Providence, Malaysia’s Axiata and American Tower have all reportedly been selected to bid ...
Bersama lining up US$1.8bn debt for XL towers bid
Indonesia’s Tower Bersama is in the process of securing around US$1.8bn in debt financing to bid for towers owned by ...
Towercos circling XL Axiata’s assets
Indonesia’s Tower Bersama and Solusi Tunas Pratama (STP) are both interested in bidding for the tower assets of local mobile ...
XL Axiata to offload towers for debt repayment
Indonesia’s XL Axiata is planning to sell some of its telecoms towers in the second half of the year to ...
XL Axiata plans to sell 230 million shares
Indonesian operator XL Axiata is looking to sell approximately 231 million shares and has three years to do so. The ...
XL Axiata closes Axis deal
After securing various regulatory approvals, Indonesian mobile operator XL Axiata has completed its acquisition of smaller rival Axis, creating the country's second-largest ...
