Disapprove of merger? EXCL and FREN offer buyback
12 Dec 2024 08:45
PT XL Axiata Tbk (EXCL) and PT Smartfren Telecom Tbk (FREN) give an escape for minority shareholders disapproving of the merger through buyback option.
Morning session caught EXCL and FREN declining
11 Dec 2024 13:52
Both PT XL Axiata Tbk (EXCL) and PT Smartfren Telecom Tbk (FREN) were seen corrected at the end of morning session today (11/12) following the merger plan.
EXCL and FREN to merge, introducing XLSmart Telecom Sejahtera
11 Dec 2024 10:58
Following the merger, PT XL Axiata Tk (EXCL) and PT Smartfren Telecom Tbk (FREN) agreed to use a brand new name, PT XLSmart Telecom Sejahtera Tbk. The merger will officially take effect on March 22, 2025.
BMT gains additional 4.79% in FREN for IDR 571.40 billion
05 Dec 2024 16:03
PT Bali Media Telekomunikasi (BMT) is known to have raised its portion by 4.79% to 41.17% in PT Smartfren Telecom Tbk (FREN).
Smartfren and subsidiary to sign syndicated loan agreement of IDR 10 trillion
18 Nov 2024 13:49
PT Smartfren Telecom Tbk (FREN), one of the biggest telecommunication service providers in Indonesia, has signed a syndicated loan agreement with a subsidiary and several banks.
Restructuring investment portfolio, DSSA to divest FREN
18 Nov 2024 09:37
PT Dian Swastatika Sentosa Tbk (DSSA) has divested some of its portion in PT Smartfren Telecom Tbk (FREN) to redistribute its investment portfolio.
Smartfren Telecom’s loss streak continues, now losing IDR 473.8 billion in the first half
14 Aug 2024 09:17
PT Smartfren Telecom Tbk (FREN) booked another loss of IDR 473.8 billion in the first half of 2024, following its loss in H1 2023 of IDR 108.93 billion.
FREN’s shareholders to abstain in rights issue
19 Apr 2024 09:47
Shareholders of PT Smartfren Telecom Tbk (FREN) has declared not to participate in the its Capital Increase With Pre-emptive Rights V, also known as rights issue, which will be held this month.
Smartfren to hold rights issue of 171.45 million shares, eyeing IDR 8.57 billion
25 Jan 2024 06:42
PT Smartfren Telecom Tbk (FREN), a telecommunication company under Sinarmas Group, will issue the capital increase with preemptive rights, also known as rights issue.
FREN to sell idle assets for IDR 544.21 billion to SMPlus
22 Dec 2023 09:51
PT Smartfren Telecom Tbk (FREN), a wireless telecommunication service provider under Sinarmas Group, will divert unoptimized assets (idle) to PT SMPlus Sentra Data Persada.
