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Moody’s: Tower Deal is Credit Positive for Indosat and Both Acquirers

JAKARTA (TheInsiderStories) - On Oct. 15, PT Indosat Tbk (IDX: ISAT) (Baa3 negative), had entered into a sale and purchase agreement to sell and...

Indonesia’s Telkom, Protelindo Wins 3,100 Indosat’s Towers

JAKARTA (TheInsiderStories) - PT Dayamitra Telekomunikasi (Mitratel), unit of state-owned telecommunication provider, PT Telkom Indonesia Tbk (IDX: TLKM) and tower operator, PT Profesional Telekomunikasi Indonesia...

US’s Weyland Tech will Acquire AtozPay, AtozGo Shares

JAKARTA (TheInsiderStories) - Weyland Tech Inc. (OTCQX: WEYL) has exercised its option to acquire 31 percent beneficial ownership of PT Weyland Indonesia Perkasa (WIP), owner and operator of...

Indonesia’s Telkomsel Unit Injects US$2M to PrivyID

JAKARTA (TheInsiderStories) - PT Telkomsel Mitra Inovasi (TMI), an investment arm of telco provider PT Telkom Indonesia Tbk (IDX: TLKM), has invested nearly US$2...

Indonesia’s Sarana Menara Eyes Indosat’s Tower

JAKARTA (TheInsiderStories) - Local tower operator, PT Sarana Menara Nusantara Tbk (IDX: TOWR) also interested to acquire 3,000 towers owned by PT Indosat Ooredoo Tbk (IDX:...

Telkom Indonesia Eyes Various Companies to Strengthening the Business

JAKARTA (TheInsiderStories) – Indonesian telecommunication provider, PT Telkom Indonesia Tbk (IDX: TLKM) admitted has joined other cellular provider PT Indosat Ooredoo Tbk (IDX: ISAT)...

Telkom Indonesia Eyes Bhinneka.com, Other E-commerce Firms

Jakarta (TheInsiderStories) - State-owned telecommunication provider, PT Telkom Indonesia Tbk (IDX: TLKM) has planned to acquire e-commerce companies, including Bhinneka.com, said on official today...

Hungary’s Cellum, Telkomsel Unified Wallet Platform through LinkAja

JAKARTA (TheInsiderStories) - Hungary' mobile transactions solutions provider Cellumʼ secure wallet platform to be unified with LinkAja e-money system, developed by PT Telekomunikasi Selular (Telkomsel),...

US’s Weyland Tech Gets Approval for eMoney License in Indonesia

JAKARTA (TheInsiderStories) - United States-based, Weyland Tech Inc. (WEYL) announces has get an approval from Bank Indonesia (BI) for its co-branded online electronic money (eMoney) license, said...

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...

Telkom Indonesia’s MDI Ventures Leads $4M Investment in Singapore’s Anchanto

JAKARTA (TheInsiderStories)--Anchanto, a Singapore headquartered pan-Asia SaaS technology company has raised US$4 million in the first round of its ongoing Series C investment, led...

Lost Satellite Exerted Minimal Impact on Telkom Financial Result

JAKARTA (TheInsiderStories) - ​Indonesia telecommunication service company PT Telekomunikasi Indonesia Tbk (IDX:TLKM) posted a 21.6 percent jump in net profit for the first nine months of this...