Malaysia
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A summary of the economic impact and long-term value creation pertaining to our operating company, XL Axiata.
XL Axiata is one of Indonesia’s leading telecommunication companies and is committed to providing digital connectivity across the country, with mobile data covering more than 90% of the population in Indonesia.
USD1.6 billion invested in 2019
234,163 jobs supported
0.3% of GDP
USD1 CAPEX translates to USD 5.2 GVA Contribution
15 years of investment
XL’s operations directly contributed USD797 million, accounting for 27% of total GVA contribution. Another USD729 million was indirectly generated through the expenditures by XL’s suppliers. For every USD1 XL contributed directly to Indonesia’s economy, another USD0.9 was generated indirectly through local suppliers, higher than a general industry of USD0.6.