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Telkom Indonesia to merge broadband arm with Telkomsel in $3.9b deal

Telkom Indonesia to merge broadband arm with Telkomsel to create $3.9 billion entity

:PT Telekomunikasi Selular (Telkomsel), the Indonesian associate of Singapore Telecommunications (Singtel), has agreed to merge with its parent's IndiHome broadband arm to create an entity worth 58.3 trillion rupiah ($3.9 billion), the companies said on Thursday.The move comes as Telkomsel looks to expand in

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Telkom Indonesia to fuse fixed broadband unit with Telkomsel for $3.91 bln

PT Telekomunikasi Selular (Telkomsel), the Indonesian associate of Singapore Telecommunications (Singtel), has agreed to merge with its parent's IndiHome broadband arm to create an entity worth 58.3 trillion rupiah ($3.9 billion), the companies said on Thursday.

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