Indonesian mobile operator XL Axiata, which is progressing plans to diversify into the high speed broadband market, says it will commercially launch a triple-play internet, pay-TV and voice telephony service on the island of Java in the second quarter of 2018. XL Axiata president director Dian Siswarini confirmed that the operator will foreground its fibre-to-the-home (FTTH), noting that in the first phase the rollout will focus on big cities across Java – an area seen as a top priority for XL.
As previously reported by TeleGeography’s CommsUpdate, XL set aside around IDR7 trillion (USD520 million) for CAPEX projects this year, including a portion to invest in a new triple-play service as it looks to fresh revenue streams to generate future income amid increasing saturation in its core mobile business. ‘We’re looking at several options for our new pay-TV business, partnering with other pay-TV companies or acquiring them,’ Dian told reporters at a media briefing.
XL Axiata booked net profits of IDR375 billion in the year ending 31 December 2017, down slightly from IDR376 billion in FY 2016, on revenues of IDR22.87 trillion, which were up 7% from IDR21.34 trillion.