Page 17 - XL Axiata Integrated Anual Report 2020 ENG

2020 Integrated Annual Report 15
Milestones
1996
Obtained a GSM 900 operating license and launched commercial services focusing on Jakarta, Bandung, and Surabaya.
2004
Re-branding XL Axiata logo and individually marketed prepaid and postpaid brands: jempol (prepaid), bebas (prepaid) and Xplor (postpaid).
2005
Became a subsidiary of the TM Group and executed Initial Public Stock Offering of 1,427,500,000
of its shares and listed on the Indonesia Stock Exchange (IDX- previously known as the Jakarta Stock Exchange) under ticker code EXCL.
2009
Conducted Limited Public Offering I to the Shareholders Pursuant to Right (HMETD) Issuance amounting to 1,418,000,000 new shares.
1997
Established an integrated microcell network in Jakarta’s Golden Triangle area.
2002
• Expanded network coverage to Kalimantan and Sulawesi.
• Launched leased-line and IP (Internet protocol) services.
2006 2007
Launched the XL 3G “First Widest and Fastest” services.
2008
• •
•
Introduced Rp1/second tariff. ETISALAT, the second largest telecommunications company in the Middle East, became a shareholder of XL Axiata.
XL Axiata started to consolidate brands under “XL prepaid” and “XL postpaid”.
1998
Launched proXL prepaid cellular service brand.
2000
Expanded the business into Sumatra and Batam markets.
• TM Group completed divestment process which resulted in separated entities: TM Malaysia Berhad (“TM”) and TM International Berhad (changed name into Axiata Group Berhad/”Axiata”), in which Indocel Holding Sdn.Bhd. is an indirect subsidiary of Axiata through TM International (L) Limited.
• Axiata acquired all XL shares owned by Khazanah Nasional Berhad, which increased Indocel Holding Sdn. Bhd.’s stake in XL to 83.8%.
TRANSFORM FASTER TO EMERGE STRONGER – GIVING BACK TO THE NATION PT. XL AXIATA TBK
2001
• Granted a DCS 1800 spectrum allocation and finalized fiber-optic backbone.
• Launched m-banking and m-fun services.