PT XLSmart Telecom Sejahtera Tbk Company Profile

Background

PT XLSmart Telecom Sejahtera Tbk, established on October 6, 1989, is a leading Indonesian telecommunications company headquartered in Jakarta. The company was formerly known as PT XL Axiata Tbk and underwent a significant transformation in April 2025, merging with PT Smartfren Telecom Tbk and PT Smart Telecom to form the unified entity PT XLSmart Telecom Sejahtera Tbk. This strategic consolidation aims to enhance connectivity, drive innovation, and elevate customer experience across Indonesia. The company's mission is to connect every Indonesian for a better life, and its vision is to redefine connectivity and digital solutions in the nation. Operating primarily in the telecommunications industry, PT XLSmart Telecom Sejahtera Tbk is recognized for its credibility, trustworthiness, and innovation.

Key Strategic Focus

PT XLSmart Telecom Sejahtera Tbk's strategic focus encompasses several core objectives:

• Network Quality Enhancement: Improving network infrastructure to provide reliable and high-speed connectivity.

• Digital Ecosystem Expansion: Broadening digital services to meet the evolving needs of consumers and businesses.

• Customer Experience Optimization: Enhancing customer service and engagement through innovative solutions.

• Long-Term Growth in Data-Driven Telecommunications: Positioning the company for sustained growth in Indonesia's expanding data-centric market.

The company specializes in GSM mobile and telecommunications network services, as well as managed and information technology services. Key technologies utilized include 2G GSM, 4G LTE, 5G NR, and optical fiber networks. Primary markets targeted are consumers and businesses across Indonesia, with a focus on urban centers and primary islands.

Financials and Funding

In 2025, PT XLSmart Telecom Sejahtera Tbk reported annual revenue of IDR 42.45 trillion, marking a 23.42% growth from the previous year. The company's market capitalization is approximately IDR 51.3 trillion. The merger with PT Smartfren Telecom Tbk and PT Smart Telecom was valued at IDR 104 trillion (approximately USD 6.5 billion), aiming to create a telecommunications powerhouse in Indonesia. The capital from this merger is intended to strengthen network infrastructure, expand digital services, and enhance customer experience.

Pipeline Development

PT XLSmart Telecom Sejahtera Tbk is actively developing its network infrastructure, including the deployment of 5G technology in 33 cities across Indonesia. The company has also expanded its base transceiver station (BTS) sites to over 225,000, reflecting a 36% year-on-year growth. These developments aim to enhance connectivity and support the growing demand for data services.

Technological Platform and Innovation

The company leverages several proprietary technologies and scientific methodologies:

• Proprietary Technologies: Deployment of 2G GSM, 4G LTE, 5G NR, and optical fiber networks to provide comprehensive connectivity solutions.

• Significant Scientific Methods: Utilization of advanced data analytics and machine learning algorithms to optimize network performance and customer experience.

• AI-Driven Capabilities: Implementation of artificial intelligence in network management and customer service to enhance operational efficiency and service quality.

Leadership Team

The leadership team of PT XLSmart Telecom Sejahtera Tbk includes:

• Rajeev Sethi: President Director and CEO, leading the company's strategic direction and operations.

• Feiruz Ikhwan Bin Abdul Malek: Chief Financial Officer and Director, overseeing financial strategies and performance.

• Marwan Oemar Baasir: Chief of Corporate Affairs, responsible for corporate communications and public relations.

• Yessie Dianty Yosetya: Chief Enterprise Business and Corporate Affairs Officer and Director, managing enterprise business strategies and corporate affairs.

• Abhijit Jayant Navalekar: Chief Commercial Officer - Home and Convergence, focusing on commercial strategies for home and convergence services.

• David Arcelus Oses: Chief Commercial Officer and Director, leading commercial initiatives and partnerships.

• Feby Sallyanto: Chief Enterprise and SME Officer, overseeing enterprise and small-medium enterprise services.

• Mohammad Abdul Kader Shakawat Hossain Bhuyan: Head of Internal Audit, ensuring compliance and risk management.

• Ranty Astari Rachman: Corporate Secretary, handling corporate governance and legal affairs.

• Christopher Kusumowidagdo: Investor Relations Executive, managing investor communications and relations.

Competitor Profile

Market Insights and Dynamics

The Indonesian telecommunications market is characterized by rapid technological advancements, increasing data consumption, and a growing demand for high-speed internet services. The market is competitive, with several key players vying for market share.

Competitor Analysis

Key competitors in the Indonesian telecommunications sector include:

• PT Telekomunikasi Indonesia Tbk: The largest telecommunications company in Indonesia, offering a wide range of services including fixed-line and mobile communications.

• PT Indosat Ooredoo Hutchison Tbk: A major player providing mobile and fixed-line services, with a significant customer base.

• PT Tower Bersama Infrastructure Tbk: Specializes in tower infrastructure and leasing services to various telecommunications operators.

• PT Bakrie Telecom Tbk: Offers mobile telecommunications services, focusing on providing affordable connectivity solutions.

Strategic Collaborations and Partnerships

PT XLSmart Telecom Sejahtera Tbk has engaged in several strategic collaborations:

• Merger with Smartfren Telecom Tbk and Smart Telecom: In April 2025, the company merged with PT Smartfren Telecom Tbk and PT Smart Telecom, creating a unified entity to strengthen its market position.

• Partnership with ASTRAtech: In August 2025, the company partnered with ASTRAtech to launch an autonomous 5G drone for goods delivery, showcasing its commitment to technological innovation.

• Collaboration with SportsHero Limited: Also in April 2025, the company partnered with SportsHero Limited to introduce the iGV.Com Family Game Pass, expanding its digital service offerings.

Operational Insights

PT XLSmart Telecom Sejahtera Tbk's strategic considerations include:

• Network Integration: Efforts to integrate networks post-merger to provide seamless connectivity.

• Service Expansion: Broadening service offerings to include advanced digital solutions and value-added services.

• Customer-Centric Approach: Focusing on customer experience to differentiate itself in a competitive market.

Strategic Opportunities and Future Directions

The company's strategic roadmap includes:

• 5G Deployment: Expanding 5G services to enhance connectivity and support emerging technologies.

• Digital Transformation: Investing in digital platforms and services to meet evolving customer needs.

• Market Expansion: Exploring opportunities in underserved regions to increase market penetration.

Contact Information

• Official Website: www.xlsmart.co.id

• LinkedIn: PT XLSmart Telecom Sejahtera Tbk