Sinar Mas and Axiata Group Berhad have signed two MoUs to enhance telecommunications and digital ecosystems across Southeast Asia, aimed at driving digital transformation and fostering regional collaboration.

Target Information

On January 30, 2025, Sinar Mas partnered with Axiata Group Berhad to enhance telecommunications and digital ecosystems across Southeast Asia. The collaboration was marked by the signing of two Memorandums of Understanding (MoUs) in Kuala Lumpur, witnessed by Indonesian President Prabowo Subianto and Malaysian Prime Minister Dato’ Seri Anwar Ibrahim. Ferry Salman, Managing Director of Sinar Mas, emphasized that this synergy would not only strengthen the telecommunications and digital technology ecosystem between Indonesia and Malaysia but would also extend across Southeast Asia. The joint effort aims to support government initiatives in digitalization, financial inclusion, and the advancement of SMEs in Indonesia.

The first MoU serves as a foundation for further discussions regarding specific projects and initiatives that encourage potential collaboration in Malaysia, Indonesia, and the Southeast Asian region. Leveraging each party's telecommunication ecosystem, Axiata and Sinar Mas intend to explore opportunities for delivering advanced 5G solutions, business services, digital infrastructure, and innovations in financial technology (fintech) within burgeoning markets supporting digital transformation efforts in the region.

Industry Overview in Indonesia

Indonesia's telecommunications sector has seen significant growth, driven by increased mobile penetration and internet usage. The government has prioritized enhancing connectivity across the archipelago, which aligns with