Axiata Group Berhad (KLSE:AXIATA) is in advanced talks to buy a stake in PT Link Net Tbk (IDX:LINK), according to people with knowledge of the matter. Discussions are progressing among Axiata and the potential sellers, CVC Capital Partners Limited and PT First Media Tbk (IDX:KBLV), an arm of the billionaire Riady family's Lippo Group conglomerate, the people said. Axiata is weighing options on the potential deal structure including buying the stake via its Jakarta-listed PT XL Axiata Tbk (IDX:EXCL), the people said, asking not to be identified because the process is private.