Indosat, the second-largest telecommunication networks and services provider in Indonesia, is expected to gain momentum after experiencing several weak years. By modernizing its network and reducing foreign-denominated debt, the company, which recently renamed itself Indosat Ooredoo, is in a position to compete again against its main rivals Telekomunikasi Indonesia and XL Axiata. Indosat is for 65 percent controlled by the Qatar-based Ooredoo Group, a telecommunications provider.
Update COVID-19 in Indonesia: 1,769,940 confirmed infections, 49,205 deaths (22 May 2021)
7 June 2021 (closed)
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