Jul 10, 2011

Telkom & Telkomsel shares buyback

Indonesia's largest telecommunication operator PT Telekomunikasi Indonesia Tbk (Telkom) is seeking options to proceed a proposed buyback of 35% shareholding in PT Telekomunikasi Selular (Telkomsel), the largest GSM-based operator, from Singapore Telecom Mobile Ptd Ltd (SingTel). What are the options?

Disclosure: No position at the stock mentioned above.

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