XL Axiata (EXCL) booked net loss of Rp483 billion in the first half of 2014 against profit of Rp670 billion in the corresponding period of 2013. On the other hand, Tower Bersama Infrastructure (TBIG), which leases tower to XL Axiata, posted net profit of Rp697 billion in the period, down 25.8% from first half of 2013. TBIG is one of companies competing in the acquisition of 3500 towers from XL Axiata.

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