Friday, April 11, 2008

Telkom To Buy Stake In Cos In Singapore, Malaysia, Sri Lanka

JAKARTA -(Dow Jones)- PT Telekomunikasi Indonesia, Thursday said it plans to buy a minority stake in call center and content provider companies in Singapore and Malaysia and in wireless companies in Sri Lanka and Bangladesh.
"We expect to complete the stake purchase in the four companies later this year," Telkom President Commissioner Tanri Abeng told reporters. [more, cellular-news]

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