XL Axiata, also known as PT XL Axiata Tbk, is a publicly owned company based in Indonesia. Founded in 1989, it employs approximately 2,670 individuals and reported $2.6B in revenue as of 2025. The company operates as a tier 1 media tech buyer and has Axiata as its parent company, with subsidiaries including XLSMART Telecom. Previously known as PT Excelcomindo Pratama Tbk, XL Axiata functions as an Indonesian telecoms operator.

2025 Revenue

Founded

1989

Headcount

2,667

Headquarters

Indonesia

Primary Segment

Telecoms

Ownership

Publicly Owned

News Summary:

On September 18, 2026, Indonesian service provider XLSmart commenced construction on the 8,000-kilometre Candle Cable System, a subsea fibre optic network designed to link Southeast Asia and Japan. This system will connect Indonesia with Singapore, Malaysia, the Philippines, Taiwan, and Japan. Previously, on September 14, 2026, XLSmart and ZTE jointly released new achievements in autonomous networks at the ZTE Global Summit & User Congress 2026, validating Network Optimization Agent capabilities in selected live-network scenarios. This development advances XLSmart's journey toward L4 Autonomous Networks, demonstrating the potential of AI-driven closed-loop automation to enhance network operational efficiency.

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XL Axiata offers 5 products in the connectivity and cloud, enterprise tech and media and telecoms services industries. XL Axiata's product portfolio comprises of enterprise connectivity services, telecoms and enterprise and telecoms software.
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XL Axiata's revenues were $2.6B in 2025. Caretta Research has split XL Axiata's revenue into 5 different product categories, the largest of which is enterprise broadband and voice, which represents 36% of XL Axiata's revenue.
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Examples of XL Axiata's suppliers include Google, ZTE and Ericsson.

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