Regulator defends Cyber Access

16 Mar 2005

Indonesia’s Telecommunications Regulatory Agency has defended 3G operator Cyber Access Communications’ decision last week to sell 60% of its shares to Hutchison Telecommunications, claiming that is did not violate any rules. The operator was accused by the House of Representatives – which banned the involvement of foreign operators in 3G operations – of going against an agreement made earlier in the week. The regulator, however, said that it was aware of the stake sale, as Cyber Access had sent a letter informing it of its intention.