Telkomsel considering USD200 million bond issue

2 Apr 2014

The Indonesian mobile operator PT Telekomunikasi Selular (Telkomsel), which is 65%-owned by the country’s government-backed fixed line operator Telkom, is considering the issue of USD200 million worth of bonds in the second quarter of this year to help finance its CAPEX. According to local newspaper Investor Daily, which cites Telkomsel’s CEO Alex Janangkih Sinaga, the operator will seek shareholder approval at its annual shareholder meeting this Friday. Telkomsel previously announced that it had earmarked USD885 million CAPEX for 2014. It had 131.5 million subscribers and a 41.8% market share at the end of 2013, according to TeleGeography’s GlobalComms Database.

Indonesia, Telkomsel (Telekomunikasi Selular),

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share