Win win in Jakarta

PT Telkom and IndosatÆs recent M&A activities have left international observers very excited.
February 18, 2001

If IndosatÆs and PT TelkomÆs recent moves are anything to go by, investors may soon recover their enthusiasm for Indonesia. In what is being described as a win-win situation, PT Telkom and Indosat have bucked the negative news from the political scene and unwound their cross-shareholdings.

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