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Indonesia’s Telkomsel Big Plan After Raises US$700M

JAKARTA (TheInsiderStories) - PT Telekomunikasi Seluler (Telkomsel), will transform as a cellular and digital firm after sold 6,050 towers to its sister company, PT Dayamitra...

Dian Swastatika Converts US$175M of MCBs with Smartfren Shares

JAKARTA (TheInsiderStories) - Unit of Sinarmas Group, PT Dian Swatatika Sentosa Tbk (IDX: DSSA) exchanged the mandatory convertible bond (MCB) with 26 billion new series C...

Telkom Indonesia Gives Dividend US$1B for the Shareholders

JAKARTA (TheInsiderStories) - Shareholders of telecommunication provider, PT Telkom Indonesia Tbk (IDX: TLKM) will get dividends amounting to Rp15.26 trillion (US$1.09 billion) or Rp154.06...

Telkom Indonesia Invests More in MDI Ventures

JAKARTA (TheInsiderStories) - Indonesia’ largest telecom provider, PT Telkom Indonesia Tbk (IDX: TLKM) will channel funds up to US$500 million to its venture capital (VC) unit,...

Indonesia’s Indosat Prepares Capex US$678M in This Year

JAKARTA (TheInsiderStories) - Cellular provider, PT Indosat Ooredoo Tbk (IDX: ISAT) prepared capital expenditure up to Rp9.5 trillion (US$678.57 million) in 2020 to support...

Rising Mobile Data to Boost Indonesia’s Mobile Service Revenues through 2024

JAKARTA (TheInsiderStories) - The total telecom and pay TV services revenue in Indonesia is set to register a moderate compound annual growth rate (CAGR) of 3.7...

Moody’s Revises Indosat Ooredoo’s Outlook to Negative

JAKARTA (TheInsiderStories) -  Moody's Investors Service ("Moody's") has revised the outlook on P.T. Indosat Tbk' (lndosat Ooredoo) ratings to negative from stable. At the same...

Indonesia’s XL Axiata, Indosat Releases Bond in January

JAKARTA (TheInsiderStories) - Two Indonesian cellular operators has planned to released local currency bond with total amount Rp2.5 trillion ( US$177.30 million). PT XL Axiata Tbk...

Moody’s affirms Telkom Indonesia’s Baa1 rating

Singapore (TheInsiderStories) -- Moody's Investors Service has affirmed the Baa1 domestic currency issuer rating of Telekomunikasi Indonesia (P.T.)  (Telkom). At the same time, Moody's has...