JAKARTA: Indonesia's biggest telecommunications company Telkom plans to launch an IPO for its infrastructure and data tower unit Mitratel by the fourth quarter of 2021, as part of broader restructuring plans for the overall business, its CEO said.
While no firm valuation target has been set for the initial public offering of PT Dayamitra Telekomunikasi (Mitratel), chief executive Ririek Adriansyah said in an interview it would "probably be not far" from $1 billion.
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