|Friday, July 5, 2013
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tlkm

Exclusive : three investors interested in Telkom’s tower unit - CEO | Sector data

(The Insider Stories) - Three foreign and local companies have expressesd interest in PT Dayamitra Telekomunikasi (Mitratel), the tower unit of Indonesia’s biggest telco PT Telekomunikasi Indonesia (IDX:TLKM), for a possible M&A target for the purposes of business expansion and complying with telecomunication regulations, Telkom’s chief executive says. Telkom CEO Arief Jahja said discussions with Full Article

INSIDER HEADLINE: Local Companies Risk Missing Out On Middle-Class Boom - Report

Indonesian consumer-goods companies will need to double the reach of their distribution networks and target more products towards middle-income consumers or risk losing their advantage over foreign competitors as consumption grows rapidly in Indonesia’s middle class, a consulting firm said, according to The Jakarta Globe. Boston Consulting Group forecast the number of middle-class and affluent Full Article

Surging Data Services Boosts Telkom’s 2012 Earnings

(The Insider Stories) - Indonesia’s biggest telco firm booked saw its 2012 net income surged slightly over 17%, driven by strong growth in its data services. PT Telekomunikasi Indonesia, or Telkom, said on Thursday that its broadband subscribers grew by 82.8% year-on-year and cellular subscribers base increased 16.9% to 125.1 million. That drove 2012 revenue Full Article