XLSMART’s first year after the merger has turned into a period of measurable progress rather than a mere transition phase. The company ended 2025 with about 70% of its network sites integrated, while its financial performance also showed stronger momentum across revenue, EBITDA, and normalized net profit.
That progress came as the company used its Annual General Meeting for fiscal year 2025 to underline a clear priority: improve service quality, strengthen network performance, and keep growth on a sustainable path. Management described the post-merger phase as an important stage for building a new foundation, and the latest figures suggest that the process is moving faster than initially expected.
Financial results reflected the merger benefits
The strongest evidence came from the company’s 2025 performance. XLSMART booked revenue of Rp42.49 trillion, an increase of 23% from the previous year.
Normalized EBITDA reached Rp20.14 trillion, up 13%, while normalized net profit rose to Rp3.00 trillion, marking 63% growth. Management said the improvement was driven by post-merger synergies that have started to show up in daily operations.
Those gains were linked to more efficient operations, better use of the network, and improved customer service quality. In other words, the merger is no longer only about combining corporate structures, but about creating visible operational impact.
Synergy arrived faster than planned
Another important milestone was the company’s synergy achievement of US$252 million from the second quarter through the fourth quarter of 2025. That result exceeded initial expectations and became a sign that integration was progressing more quickly than projected.
For a telecommunications operator, this matters because synergy is a key factor in determining whether a merger delivers long-term value. Faster integration usually opens more room to reduce costs, improve efficiency, and strengthen the overall business base.
XLSMART’s management has pointed to that momentum as proof that the combined company is already capturing practical benefits. The financial outcomes and synergy figures both indicate that the merger is beginning to produce results beyond the planning stage.
Network integration is now the main operational lever
The network side of the business has become the clearest indicator of progress. By the end of 2025, around 70% of sites had been integrated, giving the company a stronger platform for future service improvements.
Network integration is not just a technical exercise in the telecom industry. It also affects signal quality, customer experience, and competitiveness in a market that keeps getting tighter.
XLSMART said the process supports better service and expands the digital experience for customers. As infrastructure becomes more unified, the company also gains more room to optimize assets across different regions while maintaining service quality.
5G expansion adds another layer of strength
Alongside integration work, XLSMART continued expanding its 5G network to cities across Indonesia through the end of 2025. The goal is to deliver faster, more stable, and higher-quality connectivity for customers.
The company’s progress in 5G also helped reinforce its position as one of the operators with leading 5G coverage and experience in Indonesia. XLSMART further received international recognition from the Ookla® Speedtest Awards™ for the best 5G network experience in Indonesia.
Taken together, the revenue growth, the synergy achievement above expectations, and the 70% network integration milestone show how the merger has moved into a more mature phase. The company now appears focused on turning that structural progress into sustained service and business performance.