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Indonesia: Smartfren Telecom Converts MCB US$267M

JAKARTA (TheInsiderStories) - Telco operator, PT Smartfren Telecom Tbk (IDX: FREN), has completed the conversion of mandatory convertible bond (MCB) into 39 billion Series C...

Telkom Indonesia to Spends US$2.5B in This Year

JAKARTA (TheInsiderStories) - Telco operator, PT Telkom Indonesia Tbk (IDX: TLKM) plans to spend around Rp35.9 trillion (US$2.49 billion) in this year to strengthen the network...

Again, Smartfren Releases New Shares for US$49M

JAKARTA (TheInsiderStories) - Telco operator, PT Smartfren Telecom Tbk (IDX: FREN) announced to execute additional rights issue with a maximum targets R700 billion (US$48.95 million) to...

Telkom Indonesia to List Two Subsidiaries Shares in 2021

JAKARTA (TheInsiderStories) - The state-owned company, PT Telkom Indonesia Tbk (IDX: TLKM) it would bring two subsidiaries to list the shares (IPO) in this year, the...

Indonesia’s Indosat to Spends US$571M in This Year

JAKARTA (TheInsiderStories) - PT Indosat Ooredoo Tbk (IDX: ISAT), a telco provider based in Indonesia, prepared a capital expenditure around Rp8 trillion (US$571 million) in...

Indosat Sell Towers, Tri Indonesia Open fo Backdoor Listing

JAKARTA (TheInsiderStories) - Cellular operator, PT Indosat Ooredoo Tbk (IDX: ISAT) considered to sell 4,000 towers in this year, said the management on Thursday (02/18)....

Indonesia’s XL Axiata Prepares US$536M for the Expansion

JAKARTA (TheInsiderStories) - Unit of Malaysia's Axiata Group Bhd, PT XL Axiata Tbk (IDX: EXCL) needs and investment around Rp7.5 trillion (US$535.71 million) to expand the...

Indonesia’s Smartfren Sell Another New Shares to Pay Debt

JAKARTA (TheInsiderStories) - The cellular provider, PT Smartfren Telecom Tbk (IDX: FREN), plans to release 7 billion Series C shares to pay debt, said the management...

Telkom Indonesia to Launches New 5G Platform

JAKARTA (TheInsiderStories) - CEO of telco operator, PT Telkom Indonesia Tbk (IDX: TLKM), Ririek Adriansyah, said would soon release a number of new platform to...

Indonesia’s Indosat Pays off Debt US$ 22M in Bonds

JAKARTA (TheInsiderStories) - Telco operator, PT Indosat Tbk (IDX: ISAT) announced that it has paid off part of the debt worth of Rp301 billion (US$21.32...

Moody’s Changes Indosat Outlook, Affirms XL Axiata Rating

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the  Baa3 issuer rating of PT lndosat Ooredoo Tbk (IDX: ISAT) and has changed the outlook to stable from...

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...
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