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Years Details

Our beginning


Obtained a GSM 900 operating license and launched commercial services focusing on Jakarta, Bandung, and Surabaya.


Established an integrated microcell network in Jakarta’s Golden Triangle area.


Launched proXL prepaid cellular service brand.


Expanded the business into Sumatra and Batam markets.


Granted a DCS 1800 spectrum allocation and finalized fiber-optic backbone.

Launched m-banking and m-fun services.


Expanded network coverage to Kalimantan and Sulawesi.

Launched leased-line and IP (Internet Protocol) services.


Rebranding the XL Axiata logo and changing the 'proXL' brand with new products : jempol (prepaid), bebas (prepaid) and Xplor (postpaid).


Became a subsidiary of the TM Group and executed Initial Public Stock Offering of 1,427,500,000 of its shares and listed on the Indonesia Stock Exchange (IDX - previously known as the Jakarta Stock Exchange) under ticker code EXCL.


Launched the XL 3G "First Widest and Fastest" services.


Pioneer Rp 1 /second tariff.

Etisalat, the second largest telecommunications company in the Middle East, became a shareholder of XL Axiata.

XL Axiata started to consolidate brands under "XL prepaid" and "XL postpaid".


TM Group completed divestment process which resulted in separated entities: TM Malaysia Berhad (“TM”) and TM International Berhad (changed name into Axiata Group Berhad/”Axiata”), in which Indocel Holding Sdn.Bhd. is an indirect subsidiary of Axiata through TM International (L) Limited.

Axiata acquired all XL shares owned by Khazanah Nasional Berhad, which increased Indocel Holding Sdn. Bhd.’s stake in XL to 83.8%


Conducted Limited Public Offering I to the Shareholders Pursuant to Right (HMETD) Issuance amounting to 1,418,000,000 new shares.


The majority shareholder of XL Axiata namely Axiata Investments (Indonesia) Sdn. Bhd. released a portion of shares (equal to 20% of total shares issued) through a private placement in order to increase the public float.


XL Axiata embarked on a holistic transformation in business strategy to embrace the future Data business and to ensure long-term sustainability.

XL Axiata moved marketing focus by launching new tagline: XLangkah Lebih Maju, which positions XL Axiata as a wider appeal to telecommunication consumers whose needs keep on increasing and more sophisticated against all services including Data.


One of XL Axiata’s major Shareholders, Etisalat, divested 9.1% of their share in XL Axiata through accelerated book-build offering to institutional investors. This led to increase in public floating share from 20.2% to 33.5%.

XL Axiata continued its focus in Data business and invested further in end-to end network infrastructure, more than 11,000 new BTS successfully installed in 2012.


XL Axiata is one of two cellular operators who won the tender selection for the third generation (3G) cellular frequency canal at the 2.1 GHz Radio Frequency.

XL Axiata has proven that it is technically ready to adopt the 4G LTE (Long Term Evolution) technology.

 XL Axiata and Saudi Telecom Company (STC) and Teleglobal Investment B.V (Teleglobal), signed Conditional Sales and Purchase Agreement to acquire PT AXIS Telekom Indonesia (AXIS).


Following the approval from respective institutions, XL Axiata completed AXIS acquisition in March and further completed the merger with AXIS in April.

XL Axiata signed an Asset Purchase Agreement (“APA”) with PT Solusi Tunas Pratama Tbk. (“STP”), the winner of tender of 3,500 towers held by XL Axiata, with a transaction value of Rp5.6 trillion. At the same time, XL Axiata and STP also signed a Master Tower Lease Agreement whereby XL Axiata agreed to lease back the towers, which had been sold to STP for a period of 10 years.

Answering the public’s needs for high-speed internet service, XL Axiata launched real mobile 4G-LTE (Long Term Evolution) test. This XL Axiata high-speed internet service up to 100 Mbps is supported by Huawei and Ericsson.

XL Axiata introduced a new logo that features a “peel off” concept. The new logo is meant to represent XL Axiata’s commitment to eliminate barriers or open wider access to new opportunities to develop customers’ maximum potential.


XL Axiata embarked on Business Transformation Agenda that began in early 2015, termed as the 3R Strategy; “Revamp, Rise up the value ladder & Reinvent”. Revamp, to shift subscriber acquisition (from ‘volume to ‘value’ subs) and business strategies to improve product profitability. Rise-up the value ladder, moving the XL brand up the value ladder and via a dual-brand strategy with AXIS to address different segments of the market. Reinvent, building on and growing XL Axiata’s adjacency businesses.

The re-launch of AXIS cellular brand post merged with XL Axiata.

XL Axiata launched commercial LTE services on the 1,800 MHz spectrum bandwidth and  has extended to 35 cities across Indonesia.

XL Axiata completed the successful offering of the first tranche of Rp1.5 trillion as part of the total Sukuk Ijarah Programme of Rp5 trillion, which is the largest ever, Sukuk Ijarah Programme offered by a corporate. The transaction successfully attracted investor orders in which the issuance was oversubscribed by 1.56 times its issuance size.


In its 20th year of operation, XL Axiata continues to focus on moving the XL brand up the value ladder anchored on a superior data infrastructure to attract Data- savvy smartphone customers.

XL Axiata continues to ensure top-notch quality of data experience to its customers with continuance of roll-out and upgrades of its network.

In the 2H of 2016 , XL Axiata rolled-out U900 services across the country utilizing the 900MHz frequency for 3G Data services which means better and wider coverage for 3G improving its network quality especially outside of Java.

To celebrate 20th anniversary on October, XL Axiata also launched its Mobile Broadband (MBB) Product with options for individuals, homes and SMEs given the low fixed broadband penetration in Indonesia.

XL Axiata remains innovative and is the first telecommunications operator in Indonesia to commercially launch 4.5G Ready on the 1,800 MHz spectrum.

XL Axiata launched “XL Prioritas” services for the postpaid subscribers. With 3 advantages from XL Prioritas, namely: Prioritised, In Control, and Worry-Free. These are new experience in communication, delivered in both better services and network quality.

Dual Brand Strategy Implementation: XL and AXIS.

Final Stage of XL Logo tranformation for Brand.


XL Axiata continues expanding its telecommunication service networks and data across Indonesia. Today, the Company has built a total of over 100.000 units of BTS (Base Transceiver Station). Of 101.000 BTS units, around 63% of XL Axiata BTS units are 3G & 4G to support data services and 37% are BTS 2G.

Currently, XL Axiata 4G LTE network has reached 360 cities/regencies across Indonesia, with more than 17,000 BTS 4G, and over 45,000 BTS 3G.

XL Axiata signed the Conditional Sale and Purchase Agreement (“CSPA”) to divest all stakes in PT XL Planet (“elevenia”) including all shares in SK Planet Global Holdings Pte. Ltd. (SK Planet), to PT Jaya Kencana Mulia Lestari and Superb Premium Pte. Ltd. The strategic measure to divest its stakes in elevenia will enhance XL Axiata focus on its core strength and data services business development, aiming to become the market leader of mobile data service in Indonesia. Moreover, the decision will elevate its losses from elevenia and will enable the Company to allocate capital to deliver profitability for its shareholders and better services to its subscribers.

Cooperated with the Ministry of Marine and Fisheries and Ministry of Communication and Informatics of Republic of Indonesia, XL Axiata encouraged the realization of “Nelayan Go Online” program with the Company’s apps, “Nelayan Pintar (NELPIN)” to all fishermen in several regions. This program has been held in among others Makasssar, Medan, Banda Aceh, Lampung, Banyuwang, and Sabang.

XL Axiata launched “Gerakan Donasi Kuota” (GDK) to encourage both subscribers and public participation by donating their quotas voluntarily. The donation will be futher channeled to augment the quality of education of schools throughout remote areas of Indonesia.

In commemorating its 21st anniversary in Indonesia Telecommunication Industry, XL Axiata built a network infrastructure through the Universal Service Obligation (USO) program. The construction is currently simultaneously built in 4 provinces, and it’s expected to complete at least before the end of 2017. The network covers 40 points of Base Transceiver Station (BTS) located in mostly remote areas.

XL Axiata fully engaged in the development of Marine Cable Communication System of Australia-Indonesia-Singapore, which connects between Australia and Singapore through Indonesian waters. With the landing point in Anyer of Banten region, this system will provide internet access alternative from Indonesia to global network through Australia. Currently the development of 4,600km network is ongoing and will be ready operating in the third quarter of 2018.

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