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Wireless

Cellum inks investment deal with Telkom Indonesia Group

Tuesday 30 January 2018 | 17:12 CET | News

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Metranet, a wholly owned subsidiary of Telkom Indonesia, entered into a deal with Cellum Global, a Hungary-based mobile wallet provider, to increase its stake in.Cellum to 30.4 percent in two stages. Under the terms of the deal, Metranet will also expand the coverage of Cellum's services in Indonesia. Cellum's existing management will retain control of the company's operations.

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Categories: Mobile & Wireless
Companies: Cellum / Telkom
Countries: Europe / Hungary / Indonesia
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