Telkom to finalise decision on Mitratel in Q3

Monday 7 April 2014 | 01:43 CET | News
IIndonesian communications carrier Telekomunikasi Indonesia (Telkom) will finalise the details of its plan for tower subsidiary Daya Mitra Telekomunikasi (Mitratel) in the third quarter. Mitratel operates 4,000 mobile towers and Telkom is looking at selling to unit to focus on its core business. The company is considering five options for the unit: selling shares, merger, IPO, backdoor listing, and doing nothing, the Jakarta Globe writes citing Indra Utoyo, Telkom's innovation and strategic portfolio director. A decision will be announced in Q3 and the plan will be implemented this year, he

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Categories: Mobile & Wireless
Companies: Mitratel / Telekomunikasi Indonesia / Telkom
Countries: Indonesia
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