Telkomsel strikes $3.9bn merger with broadband unit IndiHome

Telkomsel signed an agreement with its parent company Telkom to merge with its broadband arm IndiHome to create a company worth IDR58.3 billion (US$3.9 billion), a move to capitalise on the rising demand for broadband in Indonesia.

Related Keywords

Indonesia ,Singapore ,Indonesian ,Analysys Mason ,Hendri Mulya Syam ,Singtel ,Kuan Moon ,Telkomsel ,The ,Ith ,Berger ,O ,