Overview of XL Axiata
XL Axiata (PT XL Axiata Tbk) is the third-largest mobile operator in Indonesia and is part of the Malaysian Axiata Group. XL Axiata was established in 1996 under the name PT Excelcomindo Pratama and was renamed after being acquired by Axiata in 2008. As of the end of 2024, XL Axiata has approximately 58.8 million mobile users and operates 165,000 base stations (including 110,000 4G), with data services accounting for 92% of revenue, making it an important IoT connectivity provider in Indonesia.
XL Axiata sells IoT connectivity, private APNs, and connection management on its 4G and 5G network, and it can draw on Axiata Group's other Southeast Asian networks. Fixed broadband has passed 1 million users. MyXL and AXISNet together have 33.1 million monthly active users, which the company also uses for smart-city and industrial projects.
XL Axiata Basic Information
- Established: October 8, 1996 (originally PT Excelcomindo Pratama)
- Headquarters: Jakarta, Indonesia
- Parent Company: Axiata Group (Malaysia)
- Mobile Users: Approximately 58.8 million (end of 2024)
- Market Position: Third-largest mobile operator in Indonesia
- Revenue in 2024: IDR 34.4 trillion (approximately 6% year-on-year growth)
- Net profit in 2024: IDR 1.85 trillion (approximately 45% year-on-year growth)
- Number of base stations: 165,000 (including 110,000 4G stations)
- Fixed broadband users: over 1 million (2024)
- Network Standards: 4G LTE, 5G NR, NB-IoT
Development History and Milestones
XL Axiata was formerly PT Grahametropolitan Lestari, established in 1989. In October 1996, it obtained a GSM 900 license under the name PT Excelcomindo Pratama and began commercial operations, initially covering Jakarta, Bandung, and Surabaya. In 1998, it launched the proXL prepaid brand in response to the Asian financial crisis. It was listed on the Indonesia Stock Exchange in 2005 and launched 3G services in 2006. In 2008, the Axiata Group acquired all shares of XL (holding 83.8%), and in 2009, it was officially renamed PT XL Axiata Tbk.
In 2013, XL merged with AXIS, reshaping the market landscape. In 2015, a nationwide 4G LTE network was launched, and 5G went commercial in the third quarter of 2021. In 2024, revenue reached IDR 34.40 trillion, with net profit increasing 45% year-on-year; in December of the same year, a merger plan with Smartfren was announced, further enhancing market competitiveness in Indonesia.
Core Technical Capabilities
4G/5G dual network
110,000 4G base stations cover the entire country, 5G is already commercial in major cities, supporting high-speed IoT connectivity
Axiata ecosystem
Leveraging the Axiata Group's networks across multiple Southeast Asian countries, it supports unified management of cross-border IoT
Data-driven
Data and digital services are 92% of revenue, and yearly traffic exceeds 10,000 PB
Digital platform
MyXL and AXISNet have 33.1 million monthly active users, supporting consumer and industry IoT applications
Network standards and coverage
| Technical Standard | Coverage | Use Cases | Development Status |
|---|---|---|---|
| 4G LTE | Nationwide in Indonesia (110,000 base stations) | Mainstream IoT Connection | Main Network |
| 5G NR | Major cities | High-speed IoT, industrial applications | Continuous expansion |
| NB-IoT | Major Regional Deployment | Smart metering, sensors | Commercial deployment |
| 3G | Some areas | Traditional IoT Devices | Being retired |
Industry Solutions
Smart city
- Intelligent Traffic Management
- Public lighting control
- Environmental Monitoring Sensors
- Smart parking system
Industrial Manufacturing
- Remote equipment monitoring
- Asset tracking and positioning
- Predictive Maintenance
- Production Line IoT
Retail and Logistics
- POS terminal connection
- Fleet Management
- Warehouse Monitoring
- Cold Chain Tracking
Utilities
- Smart meter reading
- Remote Water Meter Reading
- Energy consumption analysis
- Smart agriculture sensors
Competitive Advantages
- Market Position: The third-largest operator in Indonesia, with 58.8 million users and extensive network coverage
- Axiata group: a Malaysia-listed parent, with networks in several Southeast Asian countries
- 2024 results: net profit up 45% year on year, EBITDA margin 52%
- Digital Leadership: Data business accounts for 92%, with 33.1 million monthly active users of digital applications
- Merger Outlook: The merger with Smartfren will strengthen market competitiveness
Service Support System
Enterprise services
- Dedicated Enterprise Account Manager
- IoT Solution Consulting
- Dedicated APN Configuration
- SLA Guarantee Agreement
Platform Capabilities
- Connection management platform
- SIM Lifecycle Management
- Traffic Monitoring and Alerts
- API Integration
Regional support
- Multi-country coordination by Axiata Group
- Cross-border roaming solutions
- Localized technical support
- Compliance and licensing consultation