{
Rajeev Sethi

People

}
Very Negative
Negative
Neutral
Positive
Very Positive
2025-03-262025-03-261111100
Download SVG
Download PNG
Download CSV
Somewhat Relevant
Moderately Relevant
Very Relevant
Highly Relevant
2025-03-262025-03-261111100
Download SVG
Download PNG
Download CSV

shareholders approve merger of xl axiata smartfren and smart telecom

Shareholders of XL Axiata, Smartfren Telecom, and Smart Telcom have approved their merger, creating a new entity named XLSmart, which will serve over 94.3 million subscribers. The merger, backed by regulatory approvals, is expected to generate annual revenue of 45.8 trillion rupiah (US$2.76 billion) and an EBITDA of 22.5 trillion rupiah (US$1.35 billion). Axiata Group and Sinar Mas will each hold a 34.8% stake, with Rajeev Sethi appointed as President Director and CEO.
Tech in Asia
United States Dollar Indonesian Rupiah PT XL Axiata Tbk PT Smartfren Telecom Tbk Axiata Group Berhad IDN Rajeev Sethi Show more
Business & Industry, News Article
03:51 26.03.2025
Trending
Subcategory
Stock Market Updates Corporate News Industry Trends Finance Mergers & Acquisitions Banking Regulations Global Financial Events Market Analysis and Predictions Financial Scams and Security Retail and Consumer Goods CEO Changes Global Trade Developments Central Bank Actions GDP Growth & Recession Forecasts Industry Mergers & Acquisitions Hedge Funds & Private Equity Government Policies Inflation and Monetary Impact Workplace Trends Startups & Entrepreneurship Government Economic Policies
Countries:
USA CHN GBR FRA DEU CHE IND CAN JPN ITA AUS RUS ARE SAU KOR MEX ESP ARG HKG IRL
Companies:
The Goldman Sachs Group, Inc. JPMorgan Chase & Co. Tesla, Inc. Bank of America Corporation Apple Inc. Wells Fargo & Company Citigroup Inc. Barclays PLC Morgan Stanley Lloyds Banking Group plc Huawei Technologies CO. Ltd. Deutsche Bank Money Market PP American Express Company UBS Group AG AMERICAN EXPRESS Northern Trust Corporation Berkshire Hathaway Inc. Credit Suisse Strategic Income I Amazon.com, Inc. NVIDIA Corporation
Currencies:
United States Dollar Euro Chinese Yuan Swiss Franc British Pound Sterling Indian Rupee Japanese Yen Canadian Dollar Russian Ruble Australian Dollar Saudi Riyal United Arab Emirates Dirham Indonesian Rupiah Hong Kong Dollar Danish Krone Offshore Chinese Yuan Singapore Dollar Ghanaian Cedi Mexican Peso South Korean Won
People:
Donald Trump Elon Musk Michael J. Angelakis Goldman Sachs Troy L Rohrbaugh Charlie Javice Warren Buffett Sara Wechter Brad Schimel Olivier Amar Robin Leopold Jennifer Piepszak Anand Selvakesari Jerome Powell Mark Mason Susan P. Crawford Will Hardcastle Karin Keller-Sutter Stacey Friedman Sabrina Meng

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Save settings
Reset settings
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.