Friday, November 25, 2011

XL Axiata puts towers up for sale; plans USD1bn CAPEX for 2012

Dow Jones Newswires writes that Indonesian cellco PT XL Axiata plans to sell up to 8,500 transmission towers and shift its strategic focus to mobile internet data services. XL director Dian Siswarini is quoted as saying that three local groups have expressed interest in acquiring the towers. He added that Goldman Sachs is advising on the sale


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OVETEL XL Axiata puts towers up for sale; plans USD1bn CAPEX for 2012

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