Friday 18 January 2019
PT XL Axiata

Etisalat finalises Indonesian mobile stake sale

UAE's leading telecommunications services company Etisalat said it has finalised the sale of a 9.1 per cent stake in Indonesian mobile firm PT XL Axiata for Dh1.87 billion ($509 million) Following the sale, Etisalat will retai


Etisalat 'eyes $700m sale of Indonesia stake'

UAE telecom operator Etisalat plans to sell its entire 13.29 percent stake in Indonesia's No 3 phone firm PT XL Axiata, to raise between $600 and $700 million this year, sources said. Etisalat has been considering the sale for months afte

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