XL Axiata

Last updated

PT XL Axiata Tbk
Company type Public subsidiary
IDX:  EXCL
Industry Telecommunications
FoundedOctober 6, 1989;35 years ago (1989-10-06)
Founder Peter Sondakh (Rajawali Wirabhakti Utama)
FateMerger with Smartfren pending
Headquarters Jakarta, Indonesia
Key people
Vacant(President and CEO) [1]
Brands
  • XL
  • XL Prioritas
  • XL Home
  • AXIS
Services Telecommunications services
Revenue IDR 21.34 trillion (2016) [2]
IDR 376 billion (2016) [2]
Total assets IDR 54.896 trillion (2016) [2]
Owner Axiata (66.25%) [3]
Number of employees
1,892 (2016)
Website www.xl.co.id (Personal)
www.xlaxiata.co.id (Business)

PT XL Axiata Tbk [4] (formerly PT Excelcomindo Pratama Tbk), is an Indonesia-based mobile telecommunications services operator headquartered at Jakarta. [5] It is the third largest mobile telecommunications company in Indonesia. The operator's coverage includes Java, Bali, and Lombok as well as the principal cities in and around Sumatra, Kalimantan and Sulawesi. XL offers home and mobile communication broadband services through their 2G GSM, 4G LTE, 5G NR and optical fiber network infrastructure.

Contents

Initially, XL provided cellular mobile telephony services using the GSM 900 technology. A few years after launching services, the company was awarded a license for implementing a DCS 1800 network, and to operate an ISP and VoIP service. In 2006, XL obtained a 3G license, which services launched in September of the same year.

At the end of 2010, the company had more than 22,000 BTS towers across Indonesia. [6] XL is the second largest mobile network operator in Indonesia, with a subscriber's strength of 55.1 million users. [7]

Shares of XL surged in May 2019, one day after Axiata Group announced talks with Norway's Telenor aimed at combining their Asian operations. [8]

History

Excelcomindo was established on October 6, 1989 under the name of PT Grahametropolitan Lestari and originally was a trading and general services company. [9] XL became the first private mobile services operator in the country, starting commercial operations on October 8, 1996. In 2009, XL was bought by the Axiata Group which caused a change of logos. The XL letters were made blue (the blue and green version was also used), and an Axiata tag was added on to the logo. On October 28, 2014, XL launched the new logo with the launch of Real Mobile 4G LTE network service. On October 5, 2016, to commemorate XL's 20th anniversary, XL changed its logo colour from yellow and green to blue and green, similar to the colour in the first XL logo.

On 11 December 2024, XL announced that it will merge with Smartfren (owned by Sinar Mas) for IDR 104 trillion or USD 6,5 billion, creating the country's new telecommunication powerhouse. XL will operate as the surviving entity and will rename to XLSmart under the new company name of PT XLSmart Telecom Sejahtera. The merging process is expected to complete in the first half of 2025. [10]

Slogans

Pro XL (1997–2004)

XL (2004–present)

High-bandwidth fibre-optic cable

Telekom Malaysia, Mora Telematika and XL Axiata has been working cooperatively to build a high-bandwidth fibre-optic submarine cable, which will stretch 400 kilometers, between the state of Malacca and Batam, through Dumai, with a total cost of $7.6 million USD. [11] Led by Huawei Marine Networks, the cables were completed on Q4 2011. [12]

XL Axiata, in partnership with Nextgen Group and 3 other partners, built the Australia-Singapore Cable to connect Australia, Indonesia and Singapore. XL Axiata has a submarine beach cable facility and submarine cable landing station in Anyer, Banten to connect the Australia-Singapore Cable to Indonesia. [13]

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References

  1. "Direksi dan Dewan Komisaris". XL. Retrieved May 9, 2019.
  2. 1 2 3 Financial Report December 2013
  3. "MarketScreener PT-XL-Axiata-TBK shareholders".
  4. "Berita Teknologi Informasi dan Komunikasi terkini". detikinet. Retrieved July 17, 2015.
  5. Indonesia Investments. "XL Axiata" . Retrieved July 17, 2015.
  6. "Theindonesiatoday.com". theindonesiatoday.com. Archived from the original on March 4, 2016. Retrieved May 23, 2014.
  7. Suara. "XL Axiata Beberkan Laporan Kuartal Pertama 2019" . Retrieved May 6, 2019.
  8. CNBC. "Axiata Dilebur ke Telenor Norwegia? Saham XL Axiata Melesat" . Retrieved May 7, 2019.
  9. "XL Axiata > Home". Archived from the original on August 14, 2008. Retrieved May 23, 2014.
  10. "XL Axiata dan Smartfren Umumkan Merger Strategis Bernilai IDR 104 Triliun (~US$6,5 Miliar), Menciptakan Pemain Telekomunikasi Kelas Dunia Mengakselerasi Pertumbuhan Ekonomi Digital Indonesia". December 11, 2024. Retrieved December 21, 2024.
  11. "TM to spend MYR12.2 million on submarine link with Indonesia". telegeography.com. Retrieved May 23, 2014.
  12. "Huawei to construct sea cables connecting RI and Malaysia | The Jakarta Post". thejakartapost.com. Archived from the original on May 24, 2014. Retrieved May 23, 2014.
  13. "ASC Customer Project Update February 2014; ASC International". ascinternational.net. Retrieved November 1, 2014.