22 May 2020 05:15
PT Centratama Telekomunikasi Indonesia Tbk (CENT), booked net profit of Rp12.1 billion during the first quarter (Q1) of 2020, 39.3% higher than its record in Q1 2019, after purchasing 1,032 telecommunication towers from PT XL Axiata Tbk (EXCL) at the end of March 2020.
Centratama's net profit grew by 39.3% YoY in Q1 2020
18 Mar 2020 11:59
Fitch Ratings has revised PT Indosat (Persero) Tbk (ISAT) outlook from Negative to Stable, with long-term rating and foreign currency senior unsecured rating at 'BBB' level and long-term national rating at 'AAA (idn)' level.
Fitch Ratings revises ISAT's outlook
13 Feb 2020 14:28
PT XL Axiata Tbk (EXCL) is considering mergers and acquisitions to develop its Fiber To The Home (FTTH) business more aggressively.
XL Axiata is considering M&A to develop its FTTH business12 Feb 2020 13:26
PT XL Axiata Tbk (EXCL) will strengthen its data service business to improve its performance this year, after selling 2,782 telecommunication towers to Protelindo and Centratama Menara.
XL Axiata will focus on its data service business this year