Pt Xlsmart Telcom ADR (PTXKY)

PT XL Axiata TBK was established on October 6, 1989. The Company is engaged in a business of providing telecommunications equipment and telecommunications services and/or a network operator, including but not limited to, providing basic telephone and multimedia services and providing cellular mobile and closed fixed networks. It also provides payment transactions and money transfer services through telecommunications and informatics networks. The Company carries out supporting business activities, as follows; plan, engineer, build, provide, develop and operate, lease out, maintain and supply telecommunications equipment/facilities, including providing resources to support the business of the Company in providing telecommunications services and/or networks; improve to the maximum extent of the efforts to provide such telecommunications services and networks, in order to achieve the capacity desired and required by the communities within the framework of improving services to the general public; to carry out operating businesses and activities including the marketing and sale of the telecommunications networks and/or services provided by the Company, perform maintenance, research and development to the telecommunications equipment and/or facilities, and provide informal education and training in telecommunications whether locally or in a foreign country; and to provide other telecommunications services and networks, including information technology services and/or networks.