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XL Axiata's FY gross revenue grows 7 percent to IDR 22.9 trillion

Friday 9 February 2018 | 10:20 CET | News
Indonesian mobile operator XL Axiata reports it has returned to a positive gross revenue growth of 7 percent year-on-year in 2017, boosted by growth in data revenue. In the fourth quarter of 2017, XL Axiata's service revenue grew 1 percent quarter-on-quarter, driven by growth in data revenue which increased 8 percent in the period. Data revenue now accounts for the majority of service revenue at 75 percent compared to 58 percent in the same quarter of 2016. On a normalized basis, EBITDA grew sequentially for the fourth consecutive quarter rising 8 percent quarter-on-quarter, with margins

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Categories: Mobile & Wireless
Companies: Axiata / XL Axiata
Countries: Indonesia
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