Sinar Mas to Enter Indonesian Mobile Market, Stoking Price Cuts
Aug. 22 (Bloomberg) -- PT Sinar Mas Telecommunications, controlled by billionaire Eka Tjipta Widjaja, plans to become the 10th mobile-phone operator in Indonesia, where competition has forced companies to slash call rates.
The company, a unit of the nation's largest palm oil producer, plans to build a network capable of serving 1.4 million users by the end of the year, Director Ubaidillah Fatah said in an interview. Jakarta-based Sinar Mas aims to attract 700,000 users this year, after starting services next month. [more, bloomberg, telegeography]
The company, a unit of the nation's largest palm oil producer, plans to build a network capable of serving 1.4 million users by the end of the year, Director Ubaidillah Fatah said in an interview. Jakarta-based Sinar Mas aims to attract 700,000 users this year, after starting services next month. [more, bloomberg, telegeography]
