Indonesia's Telkom unit to buy an information technology company

JAKARTA, Dec 18, 2007 (Thomson Financial via COMTEX) -- TLK | charts | news | PowerRating -- Indonesia's biggest telecom company PT Telekomunikasi Indonesia (Telkom) said Tuesday its wholly owned unit PT Multimedia Nusantara has signed a sale and purchase deal to buy an 80 percent stake in an information technology (IT) company. [more, tradingmarkets]

Temasek Files Appeal Against Indonesian Ruling (Update1)

Dec. 18 (Bloomberg) -- Temasek Holdings Pte, a Singapore state-owned investment company, appealed against an Indonesian court ruling that said it broke antitrust laws through stakes in the country's two biggest mobile-phone operators.

The appeal was filed at the Central Jakarta District Court, Temasek said today in a statement. Indonesia's antitrust regulator on Dec. 5 ordered the company to sell its stake in either PT Telekomunikasi Selular or PT Indosat within two years. [more, bloomberg]

KPPU widens the net in mobile probe

Indonesia’s Business Competition Supervisory Commission (KPPU) has announced it is widening its probe into alleged price-fixing of SMS messages by eight of the country’s mobile operators, The Jakarta Post reports. In a statement the body said it had found evidence, albeit preliminary, of a ‘cartel-like’ arrangement between the companies involved. [more, telegeography]

Indonesian Networks Sign Tower Sharing Deal

Indonesia's Excelcomindo (XL) has signed a tower sharing deal with Hutchison Telecoms Indonesian subsidiary, PT Hutchison CP Telecommunications (HCPT). There are also unconfirmed reports coming in that the company has also signed a similar deal with the tiny local GSM operator, Lippo Telecom. [more, cellular-news]

Indonesia's Indosat gets 228.5 million US dollar loan for satellite project

JAKARTA, Dec. 2, 2007 (Thomson Financial delivered by Newstex) -- Indonesia's second biggest telecom company PT Indosat (NYSE:IIT) said Monday it has secured loans worth 228.5 million dollars to finance its Palapa-D satellite project.

The loans were arranged by HSBC and consist of two 12-year export credit facilities and a nine-year commercial loan facility. Each facility carries a two-year grace period. [more, cnnmoney]

Telecommunications In Indonesia 2007 - Local Services Will Be Predominantly Based...

Telecommunications In Indonesia 2007 - Local Services Will Be Predominantly Based on Last-Mile Wireless Connections by 2010DUBLIN, Ireland--(Business Wire)--Research and Markets (www.researchandmarkets.com/reports/c75877) has announced theaddition of Telecommunications in Indonesia 2007 to their offering. This Study has been published for those companies requiring anin-depth report describing the current state of the telecommunicationsindustry in Indonesia. [more, reuters]

Mobile-8 to Expand into Four More Provinces in Indonesia

Mobile-8 Telecom Tbk, a fast growing telecommunications company and the only CDMA-based mobile operator in Indonesia, is reportedly expanding its network into the major cities of four provinces: West Sumatra, Riau, Lampung and North Sulawesi. With the Indonesian telecom market growing exponentially in the past few years, Mobile-8 has seen growing demand for its services and solutions. As the market heats up, Mobile-8 is set to bring a world-class telecom experience to its subscribers. [more, tmcnet]

Indosat's Profit +56% On Year

(RTTNews) - PT Indosat, Indonesia's second-largest telecom company, saw net profits for the period of January to September in 2007 soar to 1.45 trillion rupiah, the company announced Thursday.
That figure marks a 56 percent increase over 927.17 billion in the same period in 2006. [more, tradingmarkets]

Telecom tangle for Singapore's Temasek

JAKARTA - The recent decision of Indonesia's anti-monopoly watchdog to sanction and fine Singapore state-owned investment vehicle Temasek Holdings for breaking local competition laws has sparked new foreign investor concerns and marks another setback for the Singaporean government’s regional investment drive. The Business Competition Supervisory Commission (KPPU) on Monday ordered Temasek to sell off its stake in either of Indonesia's two largest mobile-phone companies - Telkomsel and [more, asiatimes]

Temasek case not to undermine investment

Jakarta (ANTARA News) - Monday`s verdict by the Business Competition Supervisory Commission (KPPU) against Singaporean firm Temasek Holding has raised concerns that it would undermine the investment climate in Indonesia.Lee Theng Kiat, chief Executive of ST Telemedia, which is wholly owned by Temasek, said the KPPU`s ruling had raised a serious question on the implementation of the law and had at the same time also triggered the question whether foreign investors could feel secure about their investment in Indonesia. [more, antaranews]

Indonesia's Indosat nine-month net profit up 56 pct on stronger sales

JAKARTA, Nov. 21, 2007 (Thomson Financial delivered by Newstex) -- Indonesia's second-biggest telecom company PT Indosat (NYSE:IIT) said its net profit for the first nine months rose 56 percent to 1.45 trillion rupiah, helped by stronger sales.Sales increased 34 percent to 11.88 trillion rupiah, with revenue from the cellular business rising 38 percent to 9.15 trillion rupiah.Indosat said its operating profit for the first nine months reached 3.20 trillion rupiah, up 31 percent on the same period in the previous year. [more, cnnmoney]

Ericsson, Telkomsel deploy solar base station in Indonesia

STOCKHOLM (MarketWatch) -- Ericsson Wednesday announced its latest evolution in low-energy telecommunication solutions, a solar-driven and energy-efficient main-remote GSM base station deployed in conjunction with Indonesian operator PT Telekomunikasi Selular (Telkomsel). [more, marketwatch]

Indonesia's Telkom kept a 'buy', target price raised by 9.5 percent - UBS

JAKARTA, Nov 14, 2007 (Thomson Financial via COMTEX) -- TLK charts news PowerRating -- UBS said Wednesday it's sticking with a "buy" rating on Indonesia's biggest telecom company PT Telekomunikasi Indonesia (Telkom) and raised its target price by 9.5 percent to factor in faster growth in fixed wireless and the broadband business in the medium to long term. [more, tradingmarkets]

TELEKOMRisTI Selects VPIsystems' OnePlan for VoIP Network Analysis and Migration

HOLMDEL, N.J., Nov. 13 /PRNewswire/ -- Though an emerging market, Indonesia has one of the highest broadband growth rates in the world, at more than 200 percent annually.(1) To accommodate the rapid and substantial service and subscriber growth, carriers like incumbent PT Telekom are migrating their legacy TDM networks to next generation IP/MPLS networks that offer the promise of dramatically increased bandwidth and high quality of experience (QoE) for customers. The migration of those services to the new networks is a daunting challenge, however, since by their nature, IP networks are liable to drop or delay packets during overload conditions, introducing jitter and delay in services like VoIP, video and gaming. The last thing a carrier needs as it migrates its customers to a new network is for those customers to experience service problems during that migration [more, tmcnet]

Indonesia's Telkom fixed-line, cellular subscribers up 31 percent at end-Sept

Indonesia's biggest telephone company PT Telekomunikasi Indonesia (Telkom) said Friday it had 58.8 million fixed-line and cellular subscribers as of end-September, up 31 percent on an annualised basis. Cellular subscribers increased 36.9 percent to 44.5 million, representing more than 50 percent market share, Telkom said. [more, tradingmarkets]

Indonesia's Telkom to pay interim dividend of 48.45 rupiah per share

Indonesia's largest telephone company PT Telekomunikasi Indonesia (Telkom) said Friday it will pay an interim dividend of 48.45 rupiah per share after posting strong nine-month earnings. [more, tradingmarkets]

RIM and Indosat introduce BlackBerry Curve 8300 and BlackBerry 8800 to Indonesia

The BlackBerry Curve 8300 and the BlackBerry 8800 smartphones from wireless solutions provider Research In Motion (RIM) (Nasdaq:RIMM) (TSX:RIM) have been introduced in Indonesia through Indosat, a telecomms and information service provider. [more, tradingmarkets]