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Senin, 22 Agustus 2011

XL Axiata Raises Capex to $850 Million - The Indonesia Today

PT XL Axiata Tbk (EXCL) raises its capital expenditure (capex) to US$850 million for this year, from the original capex of Rp550 million, Investor Daily reported this morning.

Nicanor V Santiago, EXCL's chief Commerce Officer, said 40% of the additional capex will be allocated to fund the expansion of data service business in the second half of 2011.

He said data service segment had contributed 21% to the company's total revenue, compared to below 15% contribution in 2010. XL Axiata booked revenue of Rp9.14 trillion in the first half of 2011, with data service contributing revenue of Rp1.54 trillion.

Nicanor said the customers of XL's data service reach around 200 customers while customers of mobile internet from cellular phone total 20 million.

Total number of XL's subscribers increased by 10% to 38.9 million in the first half of 2011, from 35.2 million in the same period of 2010.

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