Profit opportunities in Indonesia

...Indonesia’s fixed-line telephone company, PT Telekomunikasi Indonesia (NYSE: TLK, Stock Forum), is trading at a trailing P/E of 14, and features a dividend yield of 3.6%. It offers fixed-line and cell-phone services, and is the country’s traditional telephone provider, founded in 1884. ... [more, stockhouse]

Indonesia's Telkom keen on buying SingTel's stake in Telkomsel - report

SINGAPORE (Thomson Financial) - Indonesia's biggest telecom carrier, PT Telekomunikasi Indonesia Tbk (Telkom), is keen on buying back shares in unit Telkomsel from Singapore Telecommunications Ltd. (SingTel) if the stake were to be offered for sale, the Straits Times reported on Friday.

Telkom Chairman Tanri Abeng said Telkom, being the majority owner of Telkomsel, has the first option to take the shares from SingTel, the newspaper said. [more, interactive investor]

Will Hutchison bring iPhone to Indonesia?

Yeah, it's breaking news for Indonesia's cellular market. The latest report about Hutchison Telecommunications International Ltd which said it will be offering Apple's iPhone via Hong Kong and Macau, delivered another important message: Will it also bring the iPhone to Indonesia, one of the emerging markets of Asia? [more, Cnet Asia]

Excelcomindo tower sale hits rocky water

Excelcomindo’s proposed USD800 million-plus auction of a number of mobile phone towers is looking less certain after private equity firms interested in snapping up the assets expressed concern over the country’s new foreign ownership rules and the mixed messages coming from the operator. Reuters reports sources familiar with the situation as saying that private equity firms Affinity Equity Partners, Blackstone Group, Carlyle Group, Kohlberg Kravis Roberts & Co and TPG Capital were in the hunt for a slice of Excelcom’s tower business, but are now getting cold feet. [more, telegeography]

Nokia Siemens To Deploy 3G SDP In Indosat’s Network

Saturday, May 24, 2008: Nokia Siemens Networks has been selected by Indosat, an Indonesian service provider, to implement a 3G Service Delivery Platform (SDP) in its network. Based on Nokia Siemens Networks’ service delivery framework ecosystem, the solution comprises content management, a video gateway, a video portal, video streaming, messaging gateway platform, charging and partner management as well as products from selected partners for a comprehensive solution to meet Indosat’s customers’ needs. [more, efytimes]

SingTel’s mobile customer base shows strong growth

Singapore Telecommunications Limited's (SingTel) mobile customer base in the Asia-Pacific totalled 185.34 million as of March 31, 2008. [more, idg.no]

INDONESIA: SingTel appeals court ruling

Friday, May 23, 2008. Temasek subsidiary companies, Temasek Holdings, Singapore Telecommunications and Singapore Telecom Mobile, have filed an appeal to the Supreme Court over a lesser court's ruling that found them guilty of antitrust violations. [more, asiamedia]

Indonesia's Telkom Q1 net up 5 pct on mobile users

JAKARTA, May 23 (Reuters) - PT Telekomunikasi Indonesia Tbk TLKM.JK, the country's largest telecoms firm, posted a lower-than-expected 5.4 percent rise in first-quarter net profit, due to strong growth in mobile subscribers. [more, reuters]

Indosat introduces HSPA downlink speed of 14.4 MBPS

Jakarta (ANTARA News) - State telecommunication operator PT Indosat Tbk has introduced access to HSPA (High Speed Packet Access), namely Phase 2 HSDPA and HSUPA for a downlink speed of up to 14.4 Mbps, and an uplink speed of up to 1.4 Mbps. [more, antaranews]

Mobile-8's CCR cut to 'B-', placed on negative watch on weak Q1 results - S&P

MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it cut PT Mobile-8 Telecom Tbk.'s corporate credit rating to 'B-' from 'B' and placed it on negative watch, following the Indonesian telecom operator's first quarter results, which were substantially below expectations. [more, forbes]

NEC Wins PT Indosat Submarine Cable Deal

NEC has signed a contract with Indonesia's second largest telecoms company PT Indosat for the supply of a submarine cable system to link Indonesia and Singapore. Financial terms of the deal were not disclosed. [more, redorbit]

NEC to integrate JAKABARE submarine cable system to bridge Indonesia and Singapore

Japan's NEC Corporation today said that it had signed a turnkey contract with PT Indosat, Tbk in Indonesia for the supply of a submarine cable system to the "JAKABARE" project linking Indonesia and Singapore [more, domain-b]

NEC to integrate JAKABARE submarine cable system to bridge Indonesia and Singapore

Japan's NEC Corporation today said that it had signed a turnkey contract with PT Indosat, Tbk in Indonesia for the supply of a submarine cable system to the "JAKABARE" project linking Indonesia and Singapore [more, domain-b]

Telkomsel Selects Ericsson for Mobile Softswitch Solution

Telekomunikasi Selular Indonesia has selected Ericsson for its mobile softswitch solution, including the new MSC server blade cluster. The solution will provide a common core network platform for both GSM and WCDMA technology.

Under the three-year agreement Ericsson will also provide services including network deployment and integration.

According to Ericsson, its mobile softswitch solution (MSS) will allow Telekomunikasi Selular Indonesia (Telkomsel) to reduce its core network operating expenses. It supports improved call control and network intelligence, enabling a reduction in the number and size of main core network sites. [more, redorbit]

Axis Launches Nationwide Gsm Network in Indonesia

Indonesia gained a new nationwide GSM network today when Axis launched commercial services. The parent company, Natrindo Telepon Seluler has actually operated a GSM network since 2001 under the Lippotel brand, but has now expanded its network and relaunched its services. [more, cellular-news]

Government sets target of all areas in RI having broadband access in 2015

Jakarta (ANTARA News) - The government has set itself the target of making all areas in Indonesia have broadband access for connection to universal internet in 2015, a minister has said.

"At a meeting in Bangkok last week, APEC telecommunications and industry ministers set a target of making all countries in Asia and the Pacific including Indonesia have broadband access in 2015," Communications and Informatics Minister Muhammad Nuh said here Tuesday. [more, antaranews]

XL`s Q1 profit up 109 pct

Jakarta (ANTARA News) - Publicly-listed cellular phone operator PT Excelcomindo Pratama (XL) Tbk said on Wednesday its net profit in the first quarter of 2008 jumped 109 percent to Rp368 billion from the same period last year. [more, antaranews]

Indonesia's Excelcom Q1 net profit doubles

JAKARTA, April 30 (Reuters) - Indonesia's third-largest mobile phone operator, PT Excelcomindo Pratama Tbk EXCL.JK, reported on Wednesday a doubling in first-quarter net profit, thanks to a sharp rise in its subscribers. [more, reuters]