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PT Pertamina, Indonesia’s state-owned oil and gas company, is weighing an initial public offering of its exploration unit that could be the biggest first-time share sale in Southeast Asia in more than a decade, according to people with knowledge of the matter.
PT Dayamitra Telekomunikasi, the infrastructure unit of state-owned PT Telkom Indonesia, is considering an initial public offering in Jakarta that could raise about US$1 billion, in what could be the country’s biggest first-time share sale in more than a decade.
JAKARTA (The Jakarta Post/ANN): Publicly-listed PT Indosat, Indonesia’s third-largest telecommunications firm, recently sealed a deal to sell more than 4,200 towers worth US$750 million in raising capital to expand its internet network in the country.
JAKARTA: PT Indosat, the Indonesian unit of Qatar's Ooredoo Group, said on Tuesday it has signed a 6.4 trillion rupiah ($452.30 million) deal to sell 3,100 telecommunication towers, which will be leased back.
JAKARTA: PT Telekomunikasi Indonesia Tbk (Telkom), Indonesia's biggest telecommunication operator, said it was reviewing options to “unlock value” in its tower business.
JAKARTA: Shares of Indonesia's PT Tower Bersama Infrastructure Tbk slid on Wednesday, after comments by a government minister cast doubt on whether its deal to take a stake in PT Telekomunikasi Indonesia Tbk's (Telkom) tower unit would go through.