Thursday, November 8, 2007

Indonesia's Telkom keen to expand abroad -chairman

(Telkom), Indonesia's largest telecommunications firm, is very keen to move beyond its home market and make acquisitions abroad to boost profit growth, its chairman Tanri Abeng said on Tuesday. Telkom (TLKM.JK: Quote, Profile, Research)(TLK.N: Quote, Profile, Research) will target emerging markets such as the Middle East and southeast Asia, and could also look for small stakes in companies in developed economies, Abeng told Reuters at a financial forum in Beijing. [more, reuters]

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