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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...

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...

Indonesia’s Smartfren Prepares Investment US$300M in 2021

JAKARTA (TheInsiderStories) - After get new shareholder, telco operator, PT Smartfren Telecom Tbk (IDX: FREN) prepared capital expenditure around US$300 million in this year, said finance...

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...

Indonesia’s Smartfren Telecom Converts MCB US$229M

JAKARTA (TheInsiderStories) - Indonesia' telco company, PT Smartfren Telecom Tbk (IDX: FREN) will exchange the mandatory convertible bond (MCB) into Series C shares on Sept....

Fitch: Indonesian Telcos Brace for Tougher Competition

JAKARTA (TheInsiderStories) - Fitch Ratings says the shift toward larger data bundles and unlimited data offerings point to increased competition in Indonesia' mobile market...

Indonesia’s Sinarmas has Potential to Adds Smartfren Shares

JAKARTA (TheInsiderStories) - Sinar Mas Group has potential to increases telecommunication firm, PT Smartfren Telecom Tbk (IDX: FREN) shares through the bond conversion with...

Indonesia’s Smartfren Seeks Investor to Strengthen Capital

JAKARTA (TheInsiderStories) - PT Smartfren Telecom Tbk (IDX: FREN), a unit of Sinar Mas Group, will offer 10 percent shares through private placement scheme. Along with...
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