PETALING JAYA: The sale of the telecommunication towers by PT XL Axiata Tbk (XL) entailed a master tower lease agreement (MLA) that ensured XL the rights to carry on usage of the towers for 10 years without any cost escalation.
This was revealed by Axiata Group Bhd, the parent company of Indonesian telecoms operator XL, in a filing with Bursa Malaysia.
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