SingTel increases share in Telkomsel - Network Developments - Brief Article

Mobile Internet, The, April, 2002

Singapore Telecommunications increased its stake in Telkomsel, Indonesia's largest cellular phone operator, in a $429 million deal. The deal will increase SingTel's stake in Telkomsel to 34.3 percent. SingTel is expected to increase its stake gradually in Telkomsel to 49 percent, according to a story in The Financial times.

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