About XL Axiata
XL Axiata is a company based in Jakarta (Indonesia) founded in 1989.. The company has 2,160 employees as of December 31, 2024. XL Axiata has completed 2 acquisitions, including Hypernet Technologies and Link Net. XL Axiata operates in a competitive market with competitors including MTN, Jio, Airtel, SK Telecom and Optus, among others.
- Headquarter Jakarta, Indonesia
- Employees 2160 as on 31 Dec, 2024
- Stage Public
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
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- Legal Name Pt Xlsmart Telecom Sejahtera Tbk
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Annual Revenue
$2.12 B (USD)6.4as on Dec 31, 2024
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Net Profit
$112.41 M (USD)44.72as on Dec 31, 2024
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EBITDA
$1.1 B (USD)12.56as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
2160
as on Dec 31, 2024
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Investments & Acquisitions
Hypernet Technologies
& 1 more
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IPO & Listings of XL Axiata
XL Axiata is a publicly listed company on the IDX with ticker symbol EXCL in Indonesia, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
6 people
Commissioner Team
3 people
Independent Team
3 people
Software Development Team
1 people
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Funding Insights of XL Axiata
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by XL Axiata
XL Axiata has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hypernet Technologies and Link Net. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Internet and managed services are provided to Indonesian businesses.
|
2007 | ||||
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Cable TV, internet, and business consulting services provider
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - XL Axiata
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Xl Axiata Comparisons
Competitors of XL Axiata
XL Axiata operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MTN, Jio, Airtel, SK Telecom and Optus, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Provider of integrated telecommunication services
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Integrated telecom service provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Xl Axiata
Frequently Asked Questions about XL Axiata
When was XL Axiata founded?
XL Axiata was founded in 1989.
Where is XL Axiata located?
XL Axiata is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
How many employees does XL Axiata have?
As of Dec 31, 2024, the latest employee count at XL Axiata is 2,160.
What is the annual revenue of XL Axiata?
Annual revenue of XL Axiata is $2.12B as on Dec 31, 2024.
What does XL Axiata do?
XL Axiata was founded in 1989 and operates as a mobile telecommunication provider in Indonesia, based in Jakarta. Services such as 2G, 3G, internet access, and VoIP are offered to both individual customers and businesses. The company, formerly known as Excelcomindo, was acquired by Telekom Malaysia in 2004, followed by an IPO in 2005. A restructuring in 2008 led to its rebranding under Axiata.
Is XL Axiata publicly traded?
Yes, XL Axiata is publicly traded on IDX under the ticker symbol EXCL.
How many acquisitions has XL Axiata made?
XL Axiata has made 2 acquisitions, including Hypernet Technologies, and Link Net.
What is XL Axiata's ticker symbol?
The ticker symbol of XL Axiata is EXCL on IDX.