- Business
- PT XLSMART Telecom Sejahtera Tbk provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. The company offers cellular mobile and fixed network services; Internet access, Internet telephony, interconnection, and data communication systems; packet switched local fixed networks; voice over Internet protocol; digital content and home broadband; voice and short message services; mobile financial services; SIM card sales; leased lines; and tower infrastructure under the core brands XL, AXIS, and Smartfren, supported by 2G GSM, 4G LTE, 5G NR, and optical fiber networks. It operates primarily through segments of GSM mobile/telecommunications network and information technology services, serving over 94 million subscribers across Java, Bali, Lombok, Sumatra, Kalimantan, Sulawesi, and other regions.
Founded in 1989 and headquartered at XL Axiata Tower, Jl. H.R. Rasuna Said X5 Kav. 11-12, South Jakarta, Indonesia, the company is jointly owned by Axiata Group (34.8%) and Sinar Mas (34.8%), with the remainder held by public shareholders. In a major strategic development, PT XLSMART Telecom Sejahtera Tbk resulted from the April 2025 merger of PT XL Axiata Tbk and PT Smartfren Telecom Tbk (including its subsidiary SmartTel), following shareholder approval in March 2025 and regulatory clearances from the Ministry of Communication and Digital Affairs, IDX, and OJK; this created Indonesia's third-largest mobile operator with combined annual revenue potential of IDR45.8 trillion. Recent initiatives include Smartfren network expansions to Aceh and other provinces like Bengkulu and NTT; a partnership with ASTRAtech for a 5G-powered AI/IoT autonomous drone via X-CAMP for Industry 4.0 logistics; and the Bebas Puas package launch, earning the Best Brand and Innovation 2025 award while supporting MSMEs.