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 XL Officially Merges with AXIS Becoming a Single Business Entity- XL Officially Merges with AXIS Becoming a Single Business Entity
- June 17, 2014
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The official merger between XL and AXIS means that both companies have legally joined to become a single business entity. This will generate positive impacts and deliver greater benefits for subscribers, such as ensuring better service quality and network (better), serving bigger number of XL subscribers (bigger), and provide wider availabiliity of products and customer services in the market (wider)."
JAKARTA - PT XL Axiata Tbk (XL) today officially announces its merger with PT Axis Telekom Indonesia (AXIS) has become effective, marked by the signing of merger deed by both parties. This means XL and AXIS have now become a single business entity that will serve more than 65 cellular subscribers throughout Indonesia.
Previously, XL on March 19 had concluded the acquisition process which officially makes XL the majority shareholder in AXIS.
XL Axiata President Director Hasnul Suhaimi sai...
- View more at: http://www.1888pressrelease.com/xl-officially-merges-with-axis-becoming-a-single-business-en-pr-530934.html
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