Bakrie Telecom & strategic buyer
Jan.24, 2012 in
Telco
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Entries for the ‘Telco’ Category
Bakrie Telecom 1H suffers Rp179 bio net loss
Aug.19, 2011 in
Telco
CDMA-based cellular operator PT Bakrie Telecom Tbk (BTEL) reported a Rp179.7 billion net loss in the first half of this year from Rp2.72 billion net profit in 1H 2010. In a press statement last night, net revenue slightly increased 0.14% to Rp1.38 trillion from Rp1.37 trillion. Bakrie Telecom’s subscribers rose 26.1% to 14 million from [...]
CMA Indonesia buys Reka Jasa Akses
Aug.19, 2011 in
Telco
Bakrie Group, via PT Capital Managers Asia Indonesia (CMA Indonesia), officially acquired 100% stake in PT Reka Jasa Akses worth US$12.5 million or Rp107.03 billion in a bid to penetrate the market of 4G-based technology internet. CMA Indonesia requires 7 months for negotiations, valuation, and take over of Reka Jasa. Bakrie Telecom President Director Anindya [...]
Telkom & Telkomsel shares buyback
Jul.10, 2011 in
Telco
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