Saturday, June 30, 2007

SingTel Faces Probe By Indonesia Competition Commission

SINGAPORE -(Dow Jones)- Singapore Telecommunications will be scrutinized by Indonesia's business competition regulator over allegations of monopolistic practices in the Muslim nation's telecommunications industry, the company said Friday. SingTel said in a statement that it and its Singapore Telecom Mobile Pte. Ltd. unit have been called before the Commission for Supervision of Business Competition, but didn't give a date for the hearing. [more, cellular-news]

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