Bisnis, JAKARTA – The planned merger between XL Axiata (EXCL) and PT Smartfren Telecom (FREN) may be a double-edged sword for the industry without proper anticipative measures.
XL-Smartfren Merger May Create Oligopoly
With only four mobile operators in the country, the upcoming merger of XL and Smartfren can potentially give birth to an oligopoly.
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