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Axiata to acquire 66% stake in Indonesia's Link Net - Developing Telecoms

Malaysian multinational telecommunications conglomerate Axiata will be acquiring a 66.03% stake in one of Indonesia s biggest cable TV operators and fixed broadband internet provider, Link Net, for about $604 million, paving the way for expansion in the archipelago s untapped fixed broadband market. ....

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Axiata, XL Agree to Acquire Link Net for $606m

Link Net acquisition paves the way for the XL Axiata s expansion in the archipelago s untapped fixed broadband market. ....

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