Telkom Indonesia eyes New Zealand move

28 Aug 2014

The Indonesian firm PT Telekomunikasi Indonesia (Telkom) is discussing the acquisition of a 27% stake in an unnamed New Zealand telco via its Telekomunikasi Indonesia International (Telin) unit. Investor Daily quotes Telin CEO Syarif Syarial Ahmad as saying that negotiations are underway and the deal is expected to be finalised this year. Telin currently has five subsidiaries, namely Telin Singapore, Telin Hong-Kong, Telin Timor-Leste (Telkomcel), Telkom Australia and Telin Malaysia.

New Zealand, Telkom Indonesia