A court in Jakarta has given troubled Indonesian CDMA operator PT Bakrie Telecom, the telecoms arm of the heavily indebted conglomerate Bakrie group, just 30 days to negotiate a restructuring plan with its creditors. The commercial court decision, which was made last week, is in response to a petition from Bakrie Telecom creditor, PT Netwave Multi Media, which last month requested a court-supervised debt restructuring process to redress Bakrie Telecom’s outstanding debt of IDR4.7 billion (USD385,403). The deadline for Bakrie to comply with the order is 9 December, but industry watchers note that the telco is also fighting a separate case in New York – filed in September – in which three bondholders sued Bakrie Telecom for non-payment of interest on a bond of USD380 million. Whilst it is unclear how the Jakarta court decision will affect the US lawsuit, Bakrie has already indicated it will likely continue to default on payments.