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Company type | Public Subsidiary |
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IDX: EXCL | |
Industry | Telecommunications |
Founded | 6 October 1989 |
Founder | Peter Sondakh |
Headquarters | Jakarta, Indonesia |
Key people | Dian Siswarini (President and CEO)[1] |
Brands |
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Services | Telecommunications services |
Revenue | IDR 21.34 trillion (2016)[2] |
IDR 376 billion (2016)[2] | |
Total assets | IDR 54.896 trillion (2016)[2] |
Number of employees | 1,892 (2016) |
Parent | Axiata (66.25%)[3] |
Website | www www |
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 data communication, broadband Internet, MegaFon mobile communication and 3G services over GSM 900 and GSM 1800 networks.
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]