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Axiata in advanced talks to acquire stake in Indonesian ISP Link Net - report

Wednesday 7 July 2021 | 07:06 CET | News
Malaysia-based Axiata Group is in advanced talks to buy a stake in Indonesian internet services provider Link Net, Bloomberg reports, citing unnamed sources with knowledge of the matter. According to these sources, discussions are progressing between Axiata and the potential sellers, private equity firm CVC Capital Partners and First Media. Link Net provides broadband and cable TV services in Indonesia. 

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Categories: Mobile & Wireless
Companies: Axiata / First Media / XL Axiata
Countries: Indonesia / Malaysia
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