Apr 27, 2011

Telkom & Cambodian mobile takeover

Indonesia's largest telecommunication operator PT Telekomunikasi Indonesia Tbk (Telkom) is targeting 1%-9% growth in revenue this year, a similar with realized growth in revenue of 6.24% last year. 
To reach the target, the operator is poised to roll out base transceiver stations (BTS), extend network, and boost data-based services.
"Telkom is still dependent on voice and data-based services as revenue's main driver," said Telkom President Director Rinaldi Firmansyah. 
The company is allocating Rp15 trillion-Rp17 trillion capital expenditure this year, of which will be financed by
internally generating cash flow and loan facility. Telkom is striving to acquire 51% shareholding in a Cambodian mobile operator this year as well. How is the takeover progress? Please login or register to read the remaining story.   

Disclosure: No position at the stock mentioned above.  


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