Telecom firm PT Telekomunikasi Selular (Telkomsel), a unit of PT Telekomunikasi Indonesia Tbk, considers issuing bonds worth $200 million in the second quarter of the year to finance its capital expenditure, the Investor Daily reported quoting CEO Alex Janangkih Sinaga. Telkomsel will seek shareholders' approval at its annual shareholder meeting on April 4. The firm [...]

Feb 8 PT Indosat Tbk, Indonesia's No.2 mobile phone provider, sold 2,500 telecommunication towers to PT Tower Bersama Infrastructure and will lease back the towers in a $519 million deal, the firm said on Wednesday. The deal is the first major telecom tower sale since the Indonesian government in 2010 restricted foreigners from owning a [...]

In the decade since the iPhone redefined the smartphone industry, mobile devices have morphed from displaying three-second GIFs to streaming elaborate content. Now carriers want to deliver big-ticket television events like the Olympics to add exclusive, sticky programming and stay relevant with younger consumers. The initiatives, on display this week at the annual Mobile World [...]

Indonesia’s telecommunications minister warned he could revoke most of the nation’s 10 mobile-phone licenses unless carriers merge or build out networks able to provide wireless Internet services. "Each permit has requirements for the operator to invest and to build, so if they don’t build anything, I can revoke their permit," Minister of Communications and Information [...]

Telco player Indosat Ooredoo is looking for a way to participate in the synergy involving state-owned enterprise (SOE), a director said Thursday. Wholesale and enterprise director Herfini Haryono said that SOE synergy program, such as the integration of the ATMs of state-owned banks, provided potential for telecommunications companies, but only Telkom Indonesia had been included [...]

Broadcast tower operator PT Tower Bersama Infrastructure (TBIG) has announced the closing of debt facilities to the tune of US$500 million, its longest maturity revolving credit facilities to date. The company’s total debt as of Dec. 31, 2016, was Rp 17.1 billion (US$1.28 million) and its net debt was Rp 16.7 billion with a cash [...]