XLSMART raised capex to IDR 20 trillion: XLSMART Telecom Sejahtera stock is IDR 38.6 trillion
Published on 10/12/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- XLSMART raised its 2026 capital expenditure guidance to IDR 20.0 trillion from IDR 15.0 trillion.
- Second-quarter 2026 revenue rose 16.00 percent year over year to IDR 12.17 trillion, while the net loss narrowed to IDR 277.22 billion.
- The stock was EUR 0.11 at Lang & Schwarz on October 12, 2026, and the company had an IDR 38.6 trillion market value.
- XLSMART is scheduled to report its next earnings on November 11, 2026.
XLSMART Telecom Sejahtera (ID1000102502) had an IDR 38.6 trillion market value on October 12, 2026, while its stock was EUR 0.11 at Lang & Schwarz at 10:35 a.m. CEST. On October 9, 2026, Kiwoom Research reported that XLSMART had raised 2026 capital expenditure to IDR 20.0 trillion from prior guidance of IDR 15.0 trillion.
Capex rises for 5G expansion
The higher spending plan is tied to faster network expansion. Kiwoom said the company was targeting 5G coverage in more than 52 cities, supported by more than 15,000 5G base stations and a year-end target of up to 101 cities.
The same report put the subscriber base at 69.4 million. That makes the capex decision a direct test of whether a larger network can translate into stronger usage, revenue and profitability rather than simply higher funding needs.
What changed in second-quarter results?
Simply Wall St reported that revenue reached IDR 12.17 trillion in the second quarter of 2026, up 16.00 percent from IDR 10.49 trillion a year earlier. Net loss narrowed to IDR 277.22 billion from IDR 1.61 trillion, while net margin improved to minus 2.30 percent from minus 15.30 percent.
The improvement is material, but the company remained loss-making in the second quarter. The combination of rising capex and a still-negative margin leaves operating efficiency as the key financial measure for the next report.
Three dated milestones for XLSMART
On June 30, 2026, second-quarter revenue stood at IDR 12.17 trillion and net loss at IDR 277.22 billion. On September 14, 2026, a company-linked report described the planned CANDLE submarine cable system at 8,000 kilometers, connecting six Asian markets. On October 9, 2026, Kiwoom reported the IDR 20.0 trillion capex plan, up from IDR 15.0 trillion.
Upcoming reporting date
6ix lists September 29, 2026 as the date for a planned third-quarter financial report review. TradingView lists November 11, 2026 for the next earnings report.
Stock stays at EUR 0.11
The stock was trading at EUR 0.11 at Lang & Schwarz on October 12, 2026 at 10:35 a.m. CEST. The IDR 38.6 trillion market value and the latest operating figures frame the investment debate around execution of the expanded network program and the path toward positive earnings. The further course of trading is shown by the continuously updated real-time quote of XLSMART Telecom Sejahtera stock.
XLSMART Telecom Sejahtera at a glance
- Company: PT XLSMART Telecom Sejahtera Tbk
- ISIN: ID1000102502
- Ticker: EXCL
- Primary exchange: Indonesia Stock Exchange
- Price Lang & Schwarz (as of October 12, 2026, 10:35 a.m. CEST): EUR 0.11
- Market capitalization: IDR 38.6 trillion (as of October 12, 2026)
- Sector / Industry: Communications / Major Telecommunications
- Next earnings date: November 11, 2026
Market context: Market report IDX Composite.

