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Axiata, XL closes in on full acquisition of Link Net

Axiata Group and its Indonesian arm XL bought a 66.03% stake in broadband and TV provider Link Net for IDR8.7 trillion (US$114 million), a move to leverage the company’s expertise to penetrate the underserved areas. ....

West Java , Jawa Barat , Central Java , Jawa Tengah , East Java , Jawa Timur , Jakarta Raya , Marlo Budiman , Axiata Group , Group Ceos Dr Hans Wijayasuriya , Link Net , Greater Jakarta , Sumatera Island , Acting Group , Vivek Sood ,