YOU ARE AT:APACXL Axiata, Indosat Ooredoo form joint venture in Indonesia

XL Axiata, Indosat Ooredoo form joint venture in Indonesia

The new firm will provide consultancy services for future collaboration between the two telcos

Indonesian telecom operator XL Axiata announced it will enter a joint venture with compatriot operator Indosat Ooredoo to provide consultancy services in future network collaboration between the two firms. The JV is dubbed PT One Indonesia Synergy.
“The purpose of the joint venture is among others to anticipate that the joint venture company will provide consultancy services in future network collaboration. The transaction parties are in the process of jointly exploring the possibility of entering into such a collaboration,” explained XL Axiata parent Axiata Group, in a statement.
The Axiata Group said the establishment of the JV is not expected to have a material impact on the group’s financial results for the current year. Formation of the JV is also not subject to shareholder approval, the company added.
In January, XL Axiata and Indosat Ooredoo announced the launch of a LTE network cooperation agreement using a multi-operator radio access network. The initial agreement covered several cities including Banyumas, Surakarta, Batam and Banjarmasin. Both firms said they plan to extend the cooperation to other cities across Indonesia. Both operators said they were committed to explore possibilities to extend the agreement to cover core network sharing in the future.
Indosat Ooredoo initially launched commercial LTE services in July 2015. The telco currently offers LTE through spectrum in the 900 MHz and 1800 MHz spectrum bands. XL Axiata launched LTE services in December 2014. The telco is also offering the services through the 900 MHz and 1800 MHz bands.

Circles.Life launches MVNO in Singapore

In other APAC news, digital telco Circles.Life launched mobile services in Singapore through a mobile virtual network operator arrangement with local telco M1.
The operator is offering a base monthly plan at S$28 ($20.40) per month, which consists of three gigabytes of data, 100 minutes of talk time and promotional bonus data.

ABOUT AUTHOR

Juan Pedro Tomás
Juan Pedro Tomás
Juan Pedro covers Global Carriers and Global Enterprise IoT. Prior to RCR, Juan Pedro worked for Business News Americas, covering telecoms and IT news in the Latin American markets. He also worked for Telecompaper as their Regional Editor for Latin America and Asia/Pacific. Juan Pedro has also contributed to Latin Trade magazine as the publication's correspondent in Argentina and with political risk consultancy firm Exclusive Analysis, writing reports and providing political and economic information from certain Latin American markets. He has a degree in International Relations and a master in Journalism and is married with two kids.

Editorial Reports

White Papers

Webinars

Featured Content