XLSMART names Hundt. XLSMART Telecom Sejahtera stock is valued at IDR 31.8 trillion

Published on 10/21/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 12 board vote added Thomas Hundt. XLSMART Telecom Sejahtera stock costs EUR 0.09 on October 21, 2026, with IDR 31.8 trillion market value.

Governance and operating metrics

On October 12, 2026, shareholders representing 90.28 percent of voting shares approved Thomas Hundt as commissioner.
Second-quarter 2026 revenue rose to IDR 12.17 trillion from IDR 10.49 trillion a year earlier.
XLSMART Telecom Sejahtera stock traded at EUR 0.09 at 10:43 a.m. CEST at Lang & Schwarz on October 21, 2026.

XLSMART Telecom Sejahtera, ID1000102502, Illustration mit AI erstellt.

XLSMART Telecom Sejahtera (ISIN ID1000102502) was trading at EUR 0.09 at Lang & Schwarz on October 21, 2026, at 10:43 a.m. CEST. The latest company event was its October 15, 2026, push to expand 5G handset adoption through a cooperation with Erajaya, while the board also changed earlier in the month.

5G rollout carries a funding test

According to Bisnis.com, XLSMART said on October 15, 2026, that 5G traffic had grown below expectations because compatible handsets remained limited. The company planned to work with Erajaya to reduce the cost barrier for 5G devices.

The same report put XLSMART's network at about 260,000 base transceiver stations and its network investment at IDR 20 trillion. More than 50 percent of that investment was directed outside Java, including Sumatra, Sulawesi and Kalimantan.

What changed in the boardroom?

The extraordinary shareholders meeting on October 12, 2026, accepted Vivek Sood's resignation as commissioner and appointed Thomas Hundt as his replacement. According to MarketScreener, shareholders representing 16,430,577,239 shares, or 90.28 percent of voting shares, attended the meeting.

The chronology links the operating and governance developments. On August 11, 2026, XLSMART reported second-quarter revenue of IDR 12.17 trillion versus IDR 10.49 trillion in the prior-year quarter, while net loss narrowed to IDR 277.22 billion from IDR 1.61 trillion, according to Yahoo Finance. On October 12, 2026, the board change took effect, and on October 15, 2026, management discussed the Erajaya cooperation and network spending.

Profit recovery still needs proof

The second-quarter comparison shows a clear improvement in the loss line, but the company still reported a net margin of minus 2.3 percent, compared with minus 15.3 percent a year earlier. That makes the combination of network investment, merger integration and 5G device adoption central to the next operating update.

The latest market context places the Indonesian listing at IDR 1,750 on October 21, 2026, with market capitalization of IDR 31.8 trillion and a 52-week range of IDR 1,590.00 to IDR 4,550.00. XLSMART is listed on the Indonesia Stock Exchange under ticker EXCL, according to el fondo.

Stock context for investors

For investors, the operating question is whether the enlarged network can translate into higher 5G usage without extending the period of heavy integration and capital spending. The October developments provide concrete markers: 260,000 base transceiver stations, IDR 20 trillion of network investment and a second-quarter loss of IDR 277.22 billion.

XLSMART Telecom Sejahtera was trading at EUR 0.09 at Lang & Schwarz on October 21, 2026, at 10:43 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of XLSMART Telecom Sejahtera stock.