Oct 1 (Reuters) - Indonesian mobile telecom operator PT XL Axiata Tbk will sell 3,500 communication towers to telecom infrastructure firm PT Solusi Tunas Pratama Tbk in a 5.6 trillion rupiah ($460 million) deal that will help it cut mounting debt. After a three-month tender process, the country's second-biggest telecom operator by subscribers agreed to sell the towers to Solusi Tunas for cash and then lease them back for 10 years, XL Axiata said in a statement. The deal is expected to close by the end of the year.

How much is Indonesian billionaire Peter Sondakh willing to pay to get back some of the telecom towers he sold nearly a decade ago? That is the question as the growing tower business, which is booming due to the explosive growth in data with the number of smartphone users soaring, is a lucrative side of the business with telecom companies eager to expand their network coverage.

El famoso calendario Pirelli incluirá por primera vez, en su edición conmemorativa del 51 aniversario, a la modelo de tallas grandes Candice Huffine, de 29 años. La decisión de los editores fue bien recibida por los críticos. El responsable de las imágenes incluidas en esta edición es el fotógrafo Steven Meisel, famoso por sus portadas para la revista Vogue desde 1988.

The country’s second largest cellular operator PT XL Axiata (EXCL) has officially started selling a number of its telecommunication towers to pay off part of its debt. The firm officially invited bidders on Tuesday to buy a portion of its towers, which number over 8,000. “We’re targeting to complete the selling process in the first half of the year and use the raised funds to pay part of our debt,” XL Axiata vice president of corporate communications Turina Farouk told The Jakarta Post on Wednesday.

Licita por 760.000 € la difusión de la campaña del 12 de Octubre. Se suma a los 724.000 del Día de las Fuerzas Armadas. En ambos casos, ignora los criterios objetivos para el reparto. Los pliegos del contrato aclaran que se publicará el mismo número de anuncios y con el mismo tamaño en todos los diarios nacionales, independientemente de su número de lectores.

The official merger between XL and AXIS means that both companies have legally joined to become a single business entity. This will generate positive impacts and deliver greater benefits for subscribers, such as ensuring better service quality and network (better), serving bigger number of XL subscribers (bigger), and provide wider availabiliity of products and customer services in the market (wider).”

XL Axiata, one of the largest mobile-phone operators in Indonesia, has obtained a $500 million loan from its holding company, Malaysia’s Axiata Group that will be used to finance the acquisition of Axis Telekom Indonesia. The loan will have 2.41 percent interest rate for the next three years, according to a prospectus published in Bisnis Indonesia on Tuesday.