EXCL – Participating in government spectrum auctions

EXCL – Participating in government spectrum auctions XL Axiata (EXCL) is in the process of preparing for the 700 MHz and 26 GHz frequency spectrum auctions held by the government through the Ministry of Communication and Information which is expected to be accelerated due to the estimated election which will only be held for 1 round. Currently, EXCL is still waiting for the direction of the Ministry of Communication and Information regarding the set fees. EXCL also opens to utilize the Merah Putih 2 Satellite service launched by TLKM through its subsidiary, Telkomsat, in increasing the availability of backhaul infrastructure that can be worked on through cooperation. (Source: Investor Daily)