XLSMART raises 2026 capex to IDR 20 trillion: what it means for XLSMART stock
Published on 10/25/2026 at 02:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNetwork expansion and results
- On October 16, 2026, XLSMART set capital spending guidance at IDR 20 trillion against IDR 15 trillion previously.
- Revenue reached IDR 12.17 trillion in the second quarter of 2026 versus IDR 11.75 trillion expected.
- The 5G network covered 70 cities and more than 9,600 5G BTS supported regional expansion.
XLSMART Telecom Sejahtera (ISIN ID1000102502) raised its 2026 capital-expenditure guidance to IDR 20 trillion from IDR 15 trillion, directing the increase toward 5G expansion. Kontan reported the change on October 16, 2026. The same investment story now includes a 70-city national 5G footprint and a planned November expansion.
Three dates explain the shift
On October 7, 2026, XLSMART was reported to be targeting 5G coverage in 88 to 101 cities while raising 2026 capital spending to IDR 20 trillion from IDR 15 trillion. On October 12, 2026, shareholders approved Thomas Hundt as commissioner through the annual meeting for fiscal year 2029, according to CNBC Indonesia. On October 16, 2026, ANTARA reported that Jogja-Solo data traffic had increased 17.00 percent over one year as the company expanded 5G coverage.
What does the investment mean?
The operating figures point to a capacity buildout rather than a single-city upgrade. ANTARA said the Jogja-Solo area was supported by more than 40,000 base transceiver stations, including more than 9,600 5G BTS across 23 cities and regencies. Nationally, the 5G network had reached 70 cities and regencies, with Magelang and Tegal scheduled for the next expansion in November 2026.
The financial counterweight is visible in the latest reported quarter. TradingView lists second-quarter 2026 revenue at IDR 12.17 trillion against IDR 11.75 trillion expected, while net loss was IDR 277.22 billion after IDR 716.93 billion in the first quarter. That makes execution and network utilization important measures for the higher spending plan.
What dates come next?
The next explicitly dated reporting event is November 11, 2026, according to the cited TradingView calendar. The next network milestone is scheduled for November 2026, when XLSMART plans to extend 5G Blanket Coverage to Magelang and Tegal.
IDX valuation stays in view
The IDX close was IDR 1,840.00 on October 23, 2026. Market capitalization stood at IDR 33.5 trillion on the same date, keeping the investment program in view alongside the company stock valuation. The further course of trading is shown by the continuously updated real-time quote of XLSMART Telecom Sejahtera stock.
XLSMART Telecom Sejahtera key facts
- Company: PT XLSMART Telecom Sejahtera Tbk
- ISIN: ID1000102502
- Ticker: EXCL
- Primary exchange: Indonesia Stock Exchange
- IDX close (as of October 23, 2026): IDR 1,840.00
- Market capitalization: IDR 33.5 trillion (as of October 23, 2026)
- Sector / Industry: Communication Services / Telecommunications Services
- Next earnings date: November 11, 2026
Market context: Market report IDX Composite.
