EXCL - PT. XL Axiata Tbk

Rp 2.190

+160 (+7,88%)

JAKARTA - PT XL Axiata Tbk. (EXCL), stated that it would continue its expansion despite the COVID-19 pandemic.

Group Head of Corporate Communication of XL Axiata, Tri Wahyuningsih stated that expansion will continue as originally planned, as quoted from Bisnis.com on Tuesday (21/4). Expansion includes adding and widening service area.

At the beginning of the year, the company prepared Rp 7.5 trillion for its CapEx budget in 2020, and 80% of the budget will be used for the development of 4G networks.

Even though the company has not taken any extraordinary steps to deal with COVID-19, the company keeps an eye on the developments and prepares anticipatory steps. (ARM/AR)