Wireless carrier Axiata Group Bhd. and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.

Malaysian wireless carrier Axiata Group Bhd. and Indonesian conglomerate PT Sinar Mas Group agreed to merge their telecommunications operations in Indonesia in a deal that values the business at $ ...

Axiata and Indonesian conglomerate Sinar Mas have signed a nonbinding memorandum of understanding to discuss the deal, which is in the early stages of negotiation Photo: lim huey teng/Reuters ...

KUALA LUMPUR: Axiata Group Bhd and Sinar Mas have signed two letters of intent (LOI) to explore a series of strategic collaborations. In a statement, Axiata said the first LOI outlines specific ...

JAKARTA – Malaysian wireless carrier Axiata Group and Indonesian conglomerate Sinar Mas Group have agreed to merge their telecommunications operations in Indonesia in a deal that values the ...

Axiata Group struck a non-binding agreement with Indonesian conglomerate Sinar Mas to explore a merger of respective local businesses XL Axiata and Smartfren, confirming reports circulating last month ...