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XL Axiata (EXCL) Absorbs 70 percent of Capex for Network Expansion

Market news editor Dian Kusumo
09/11/2022 09:53 WIB
XL Axiata continues its efforts to expand network by absorbing 70 percent of its capital expenditure in 2022.
XL Axiata (EXCL) Absorbs 70 percent of Capex for Network Expansion. (Photo : MNC Media)
XL Axiata (EXCL) Absorbs 70 percent of Capex for Network Expansion. (Photo : MNC Media)

IDXChannelXL Axiata continues its efforts to expand network by absorbing 70 percent of its capital expenditure in 2022. By the end of September 2022, XL Axiata has more than 145 thousand 2G and 4G BTS. 

XL Axiata has allocated a capital expenditure of Rp9 trillion this year. To finance network development and encourage revenue growth, the value of capitalized capex for the 9 month period of 2022 is maintained at the same level as the previous year of Rp6.32 trillion 

Management revealed that XL Axiata seriousness in strengthening its network can also be seen from the allocation of 70 percent of the total Rp9 trillion in capital expenditure funs for network expansion. 

By the end of September 2022, the company has more than 145 thousand 2G and 4G BTS, with the number of 4G BTS increasing significantly to 90.174 units. 

"Watch our show IDX Channel Official Youtube on the Market Headlines Program, Tuesday (8/11/2022) with the theme XL Axiata Absorbs 70% Of Capex For Network Expansion.

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