Telkom takes full control of Infomedia

1 Jun 2009

Indonesia’s biggest telecoms group Telekomunikasi Indonesia (Telkom), through its subsidiary, Multimedia Nusantara (Metra), has acquired the remaining 49% it did not already own in domestic business data provider Infomedia Nusantara from Elnusa.

In a separate development, Telkom is reportedly looking to acquire a telecoms tower operator in 2009 and has secured a bank loan of IDR2.7 trillion (USD246 million) to fund the business expansion.

Indonesia, Telkom Indonesia