Wednesday, August 29, 2007
Solo, C Java (ANTARA News) - Publicly-listed telecommunications operator PT Bakrie Telekom Tbk is planning to open new networks in the country`s 17 major cities at a total cost of Rp2 trillion this year. [more, antaranews]
ST Telemedia Increases Equity Stake in Global Crossing
... Singapore Technologies Telemedia (ST Telemedia) is a leading player in the telecommunications and information services industry, with core competencies in mobile telephony and global IP services. ST Telemedia invests in and manages an innovative group of companies globally, including StarHub, Indosat, Global Crossing, TeleChoice, Camshin and Lao Telecoms. [more, CNNMoney]
Excelcomindo's rating outlook revised to positive - Moody's
MUMBAI (Thomson Financial) - Moody's Investors Service said it has changed PT Excelcomindo Pratama Tbk's (XL) outlook to positive, while affirming the company's 'Ba2' local currency issuer rating. [more, forbes]
Label: excelcomindo
Altimo insists on Indonesia investment
... "We will never give up on our plan, including the possibility of buying a mobile telecoms operator here," Altimo local chief representative Soeharto told The Jakarta Post on Tuesday. [more, thejakartapost]
Label: government, Indosat, STT, Temasek
Alfa reps to accompany Russian president to RI
... According to a story by Russia's online business news portal Kommersant published last week, the main objective of Alfa's visit is to negotiate with the Indonesian government for the purchase of a 41 percent stake in the country's main telecommunication company, Indosat. [more, thejakartapost]
Label: government, Indosat, STT
Sunday, August 26, 2007
Indosat’s first half net profit up 54% year on year
Indonesian telecommunications operator Indosat's operating revenues were IDR7.69 trillion (USD821.3 million) and operating income was IDR2 trillion for the first half of 2007. Mobile, fixed data and fixed voice services contributed 77%, 13% and 10% to operating revenues respectively. [more, telegeography]
Label: Indosat
Telkomsel projects one million subscribers with access to mobile Internet Yahoo! by end of 2007
Jakarta (ANTARA News) - Cellular operator PT Telkomsel predicted that its subscribers with access to the Mobile Internet service Yahoo! Go and Yahoo! on Search, may reach one million by end of 2007. [more, antaranews]
Friday, August 24, 2007
Indosat ups CAPEX to USD1.2 billion to meet wireless demand
... Indosat president director Johnny Swandi Sjam told the paper that around 15%-20% of the total would be spent on network expansion, including work on new base transceiver stations (BTSs), while the remainder would be used to improve services. [more, telegeography]
Label: Indosat
Thursday, August 23, 2007
Indosat Acquisition to Be Deliberated at the Highest Level
... “Alfa will attempt to use the president’s visit to agree with Indonesian government on the parity buyout of 41 percent in Indosat from Singapore Temasek subsidiary - Singapore Technologies Telemedia," a source that arranges the event said on condition of anonymity. [more, kommersant]
Indosat boosts capital expenditure to $1.2b
PT Indosat, the country's second largest mobile phone operator, will increase its capital expenditure this year to US$1.2 billion from $1 billion as initially planned to further expand its networks and improve the quality of its services. [more, thejakartapost]
Label: Indosat
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]
Label: Bakrie Telecom, Hutchison, Sinar Mas, telkomsel
Wednesday, August 22, 2007
PT Ericsson Indonesia’s Holders Send to Sweden
Ericsson first arrived in Indonesia in 1907 and has been supplying the country's telecommunications sector ever since. It provided Indonesia's first cellular network in 1987 and GSM (global system for mobile communications) network in 1995. In 2006, it introduced 3G technology to Indonesia. [more, scandasia]
Hutchison Telecom Reports 2007 First Half Unaudited Results
... Hutchison Telecom launched its Indonesian operations through PT Hutchison CP Telecommunications ("HCPT") during the reporting period, using the global brand '3'. In the cities where our GSM services are available, including Jakarta and Bali as well as Batam, HCPT has already garnered a double-digit market share in gross customer additions. This is largely due to our extensive retail distribution network, strong branding and simple tariffs that fulfil the needs of a vast and underserved segment. [more, sys-con]
Label: Hutchison
Indonesia`s Mobile-8 sells $100 mln bonds to finance 2008 capex, debt
Jakarta (ANTARA News) - Indonesia's fourth largest mobile telephone operator PT Mobile-8 Telecom said Tuesday its unit Mobile-8 Finance BV has sold bonds worth 100 million US dollars.Mobile-8 president Hidadjat Tjandradadja told Thomson Financial that Mobile-8 will guarantee the bonds and will use the proceeds to finance its 2008 capex and refinance old debt. [more, antaranews]
Label: mobile 8
Investigation into alleged Temasek price fixing extended
Indonesia’s anti-trust commission has extended its investigation into Temasek Holdings by 30 days as the Singapore government investment agency seeks to fend off criticisms that it has too much control of the Indonesian mobile market [more, telecomtv]
Label: government, Indosat, telkomsel, Temasek
Friday, August 17, 2007
INDONESIA: Anti-monopoly law probe into Temasek yields no verdict
Jakarta --- Indonesia's anti-monopoly watchdog yesterday failed to reach a verdict on its controversial probe into Singapore's Temasek Holdings' alleged monopolistic practices in the telecommunication business.
Its 60-day period of investigation into the case ended yesterday without any conclusion whether Temasek breached Indonesia's anti-monopoly law by dominating the market and engaging in price-fixing. [more, asiamedia.ucla]
Its 60-day period of investigation into the case ended yesterday without any conclusion whether Temasek breached Indonesia's anti-monopoly law by dominating the market and engaging in price-fixing. [more, asiamedia.ucla]
Label: government, Indosat, telkomsel, Temasek
Wednesday, August 15, 2007
Leading Mobile Operator PT Excelcomindo Pratama Deploys Cantata’s VoIP Media Gateway
NEEDHAM, Mass.--(BUSINESS WIRE)--Cantata Technology™, Inc., one of the world’s leading providers of enabling communications technology, today announced that PT Excelcomindo Pratama Tbk (XL), a leading mobile operator in Indonesia and a Telekom Malaysia Berhad (TM) subsidiary, has deployed Cantata’s IMG 1010™ integrated media and signaling VoIP Gateway. The IMG 1010 will enable XL to provide an innovative hosted PBX solution to its corporate clients and allow for the expansion of its international VoIP network. [more, businesswire]
Label: excelcomindo, GSM, voip
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