Business Services Industry

Mobile-8, Bakrie get new licenses.(CORPORATE NEWS IN BRIEF)(PT Bakrie Telecom and PT Mobile-8 Telecom gets license to provide code-division-multiple-access services)(Brief article)

Indonesian Commercial Newsletter, December, 2006

MOBILE-8, BAKRIE GET NEW LICENSES. The government has granted new licenses to PT Bakrie Telecom and PT Mobile-8 Telecom to provide code-division-multiple-access (CDMA) services throughout the country as part of a shakeup in the allocation of mobile telecommunications frequencies. With the new licenses, state-owned PT Telekomu-nikasi Indonesia's Telkom-Flexi, which has already secured a national license to provide fixed wireless services using CDMA technology, will now have to go head-to-head with the publicly listed PT Bakrie Telecom and PT Mobile-8 Telecom.

PT Bakrie Telecom is the telecommunications unit of the widely diversified business group, Bakrie & Brothers, while PT Mobile-8 Telecom is the mobile phone unit of Indonesia's biggest media company, PT Bimantara Citra.

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