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Today's Headlines Singapore Telecom Mobile Pte Ltd

  • Telkom's Telekomunikasi Seluler (Telkomsel) May Conduct IPO in 2014

    In order to raise new funds for business expansion, PT Telekomunikasi Indonesia (Telkom) is considering to list its subsidiary Telekomunikasi Seluler (Telkomsel) on the Indonesia Stock Exchange in 2014. Through its Telkomsel unit, Telkom is Indonesia’s leading provider of mobile telecommunications and digital data services. The company currently has around 125 million cellular subscribers in a sector where rife competition for cellular subscribers has limited net profits. Telkom, however, is the only Indonesian operator that posts strong growth.

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