Axis (stylized in all caps as AXIS) is an Indonesian cellular brand licensing service operated by XLSmart, a company jointly owned by Axiata and Sinar Mas. It provides 2G, 3G, 4G, and BlackBerry services nationwide and covers the world through 382 international roaming partners in 159 countries.
Acquisition by XL Axiata
XL Axiata has signed an agreement to acquire Axis Telekom Indonesia, on 26 September 2013.
Merrill Lynch (Singapore) Pte Ltd (Bank of America Merrill Lynch) is acting as financial advisor for this transaction from XL.[1]