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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....

Indonesia Auctions 2300 MHz for Wireless Broadband Services

JAKARTA (TheInsiderStories) - The ministry of communication and information technology plans to auction 2300 MHz radio frequency band for wireless broadband services, the official told Bisnis...

Indonesia’ Solusi Tunas Hunt Fresh Funds from Bond Market

JAKARTA (TheInsiderStories) - PT Solusi Tunas Pratama Tbk (IDX: SUPR) plans to issue local or global bonds to finance the company business expansion and...

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...

South, Southeast Asian Telcos’s Spectrum Payments are High

JAKARTA (TheInsiderStories) - Moody's Investors Service says that in a number of South and Southeast Asian countries, the dividends that telco companies pay to their government...

Indonesia’s Indosat Invests $140 M to Develop 4G Network

JAKARTA (TheInsiderStories) - Indonesian telecommunication provider, PT Indosat Ooredoo Tbk (IDX: ISAT) prepared funds Rp2 trillion (US$139.86 million) to develop 4G network in the...

Indonesian Corporates Credit Trends Remain Broadly Stable until Next Year

JAKARTA (TheInsiderStories) - Indonesian majority corporates that it rates will demonstrate stable credit trends over the next 12-18 months, although the commodity-related sectors will...

Indonesia’s Indosat Issues Bonds US$238M to Pay Off Banks Debts

JAKARTA (TheInsiderStories) - Indonesian telecommunication company, PT Indosat Ooredo Tbk (IDX: ISAT), issued local bond and SUKUK Ijarah with total value of Rp3.38 trillion...

Indonesia to Consolidates Telco Companies Amid Technology Changes

JAKARTA (TheInsiderStories) – Indonesian government is planning to consolidate telecommunication companies to only three players left, said one executive yesterday (02/20). Currently, there are...

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...

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...

Indonesia’s Tower Bersama Announces Rupiah Bond Offering US$45M

JAKARTA (TheInsiderStories) - Indonesia publicly listed's PT Tower Bersama Infrastructure Tbk (IDX: TBIG) announces that it has closed its continuous Rupiah Bond worth of Rp608 billion...

Moody’s Upgrades Indonesia’s XL Axiata to Baa3

Singapore -- Moody's Investors Service has today upgraded to Baa3 from Ba1 the issuer rating of XL Axiata Tbk (P.T.) (XL). This is the...

Protelindo Acquires Nusantara Infrastructure’s Tower Assets

JAKARTA (TheInsiderStories) - PT Profesional Telekomunikasi Indonesia (Protelindo), a company owned by Djarum Group, will take over tower assets of PT Nusantara Infrastructure Tbk (IDX:...

XL Axiata Posts Profit Rp375.2 B in 2017

JAKARTA (TheInsiderStories) - Indonesia based telecommunication provider PT XL Axiata Tbk (IDX: EXCL), booked Rp375.24 billion profit in 2017 or slightly down compared to...

Moody’s: Outlook for Asia Pacific’s Telecoms Industry is Stable

Technological challenges apparent Moody's Investors Service says that the outlook for the telecommunications industry in Asia Pacific is stable, but will also face headwinds from...

Fitch: Indonesia’s Spectrum Conclusion to Drive Telecoms, Towers

SINGAPORE (Fitch) - The swift conclusion of Indonesia's 2100MHz and 2300MHz spectrum auctions is likely to provide greater clarity for both the telecommunications and...