XLSMART

Axiata underlying profit more than doubles in first half of 2026

Axiata said underlying first-half profit more than doubled to RM717.2 million, while constant-currency revenue and EBITDA increased across its regional portfolio.

Axiata and Sinar Mas secure shareholders approval for XLSMART merger

Malaysian telecommunications firm Axiata Group Berhad and Indonesian conglomerate Sinar Mas said shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom have formally approved the merger of the three companies into XLSMART.