Friday, September 5, 2008

Report: Asia-Pacific Holds Great Potential for WiMax

Research and Markets, a research firm that conducts studies and analysis focused primarily upon the telecommunication and technology industries, reportedly has announced it is putting out a new research report, “The Asian Pacific WiMax Market 2008.” [more, Wimaxtoday]

Indonesian shares end morning higher; coal miners lead gains on oil price rise

... Indonesian CDMA-based cellular operator PT Mobile-8 Telecom rose on market speculation that the company has been a target of acquisition by a number of telecom companies, including PT Bakrie Telecom. {more, forbes]

Indonesia Excelcom plans secondary share offering by 2009

JAKARTA, Sept 3 (Reuters) - Indonesia's third largest mobile phone operator, PT Excelcomindo Pratama Tbk EXCL.JK, said on Wednesday it will offer 10-15 percent of its share capital to the public through a secondary offering by 2009. [more, reuters]

Wednesday, July 30, 2008

Grameen Foundation, Bakrie Telecom and Qualcomm Join Efforts to Enable Affordable Telecommunications Access to Rural Indonesia

NUSA DUA, Bali, July 29 /PRNewswire-FirstCall/ -- Grameen Foundation,
Bakrie Telecom and Qualcomm Incorporated (Nasdaq: QCOM) through its Wireless
Reach(TM) initiative, today announced the launch of the first Village Phone
Program in Indonesia, branded as Uber ESIA, using 3G CDMA technology to
provide affordable wireless telecommunications services for rural communities.
The launch was held at the Asia-Pacific Regional Microcredit Summit held in
Bali, Indonesia. [more, earthtimes]

Indonesia's Excelcom H1 net soars on FX, subscribers

JAKARTA, July 29 (Reuters) - Indonesia's third-largest mobile phone operator, PT Excelcomindo Pratama Tbk EXCL.JK, reported on Tuesday its net profit soared 15-fold, after doubling its subscriber numbers and on foreign exchange gains. [more, reuters]

2008 Asia - Telecoms, Mobile and Broadband in Indonesia and Timor Leste Provides a Comprehensive Overview of the Trends and Developments in These Mark

DUBLIN, Ireland-(Business Wire)-July 23, 2008 - Research and Markets (http://www.researchandmarkets.com/research/5047cd/2008_asia_teleco) has announced the addition of the "2008 Asia - Telecoms, Mobile and Broadband in Indonesia and Timor Leste" report to their offering. [more, digital50.com]

Small shareholder wants cut in SingTel's directors' fees

A SMALL-time shareholder with just 190 of the company's shares hit out at what the board of directors was being paid at Singapore Telecommunications' (SingTel) annual general meeting on Friday, before 360 other shareholders and journalists. [more, straitstimes]

Telkomsel Targetkan Mobile Wallet Tumbuh 100%

Telkomsel memproyeksikan dapat menggandakan jumlah pengguna mobile wallet Telkomsel Cash atau T-Cash. Operator tersebut juga tengah mempersiapkan sistem layanan pengiriman uang (remittance) pertama melalui seluler di Indonesia. [more, studiohp]

Inflation clouds earnings, outlook for SE Asia telecoms

SINGAPORE: Southeast Asian telecoms providers look set to unveil mixed quarterly results, hit by stiff price competition and as high inflation curbs spending, but rising commodity revenues should insulate consumer demand in Thailand and Indonesia. [more, dailytimes]

Sunday, July 6, 2008

Qtel launches offer for further Indosat shares, studying new regulations

Qatar Telecom (Qtel) has submitted a tender offer to acquire all outstanding 'B' shares of Indosat, following its purchase last month of a 40.8% stake in the Indonesian cellco. The tender offer includes American Depositary Shares, but excludes those held by existing controlling stakeholders, according to online newspaper The Peninsula. [more, telegeography]

49% limit on Indosat acquisition

JAKARTA: Qtel will be restricted to buying as much as 49% of PT Indosat, Indonesia’s second-largest phone company, Communications Minister Mohamed Nuh said yesterday. [more, gulf-times]

Qatar Telecom's Bet on Indosat Augurs Well for Growing Market

JAKARTA -- The fortunes of PT Indosat are looking up after Qatar Telecom QSC quadrupled its stake and promised to bet more on the big Indonesian phone company. [more, wallstreet]

Sunday, June 22, 2008

Indonesian telecoms mull price-fixing appeal

JAKARTA (AFP) — Indonesian telecom firms were mulling appeals Thursday after the competition watchdog found them guilty of price fixing and raking in hundreds of millions of dollars from illegal text message charges.

The Business Competition Supervisory Commission (KPPU) found six telecommunications companies guilty of collusion and slapped five of them with fines worth some 10 million dollars. [more, afp]

SMS cartel practices cause Rp2.827 tln in losses to consumers

Jakarta (ANTARA News) - The Business Competition Supervisory Commission (KPPU) said short message service (SMS) cartel practices in the country had caused consumers to suffer a loss of Rp2.827 trillion during the 2004 - April 2008 period.

The KPPU made the statement in its decision on Wednesday over the results of its studies about alleged SMS cartel practices by six cellular phone operators, namely PT Excelcomindo Pratama Tbk (XL), PT Telkomsel, PT Telkom, PT Bakrie Telecom Tbk, PT Mobile-8 Telecom Tbk and PT Smart Telecom. [more, antaranews]

5 Highly Rated Telecom Companies

...
If you're looking to invest in foreign telecoms, there are some intriguing opportunities in PT Indosat (NYSE: IIT) and MTN Group. The Indonesian and South African service providers are tops among 65 foreign telecom plays -- for good reasons. [more, TheMotleyFool]

Top Indonesian mobile firm in talks with Qtel

SINGAPORE: Indonesia’s top mobile firm, Telekomunikasi Selular (Telkomsel) said yesterday it was in talks with Qatar Telecom to bring its mobile payments business to the Middle East and expects to exceed its forecast of 15% revenue growth this year.
“For the new business, especially the transaction business, we have our co-operation with Qatar Telecom in the Middle East,” Kiskenda Suriahardja, president director of Telkomsel, said on the sidelines of a regional telecoms award ceremony. [more, gulf-times]

UPDATE 1-Indonesia Telkom shareholders approve share buyback

JAKARTA, June 20 (Reuters) - Shareholders of Indonesia's PT Telekomunikasi Indonesia Tbk TLKM.JK on Friday approved a plan to buy back up to 3 trillion rupiah ($323 million) worth of shares within the next 18 months.

The country's largest telecoms firm said last month it planned to buy back shares equivalent to 1.9 percent of its share capital to return excess cash to shareholders and help support the company's share price. [more, reuters]

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