Indonesia's Indosat set to launch stake sale in $1 billion fibre business, sources say [Yahoo! Finance]
PT Telekomunikasi Indonesia, Tbk (TLK)
US:NYSE Investor Relations:
prnewswire.com/news-releases/telkom-indonesia-files-its-2016-annual-report-on-form-20-f-300431666.html
Company Research
Source: Yahoo! Finance
its fibre business as early as March, in a deal that could value the asset at over $1 billion, said two people with knowledge of the matter. The sale would come after IOH received interest from global infrastructure and financial investors as well as strategic firms keen to partner with the company to further expand its fibre optic telecommunications business, one of the people said. The Jakarta-listed company has not decided on the stake size and could decide against launching the sale process depending on market conditions, the person said. IOH has hired Citigroup to run the sale, said both people, declining to be identified as the matter was private. IOH declined to comment on the matter, saying it would disclose every corporate action to authorities in accordance with applicable rules and regulations. Citigroup declined to comment. The potential sale comes amid growing global investor interest in digital infrastructure assets in Southeast Asia, a region the Asian Devel
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- Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE: TLK) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE: TLK) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
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TLK
Sec Filings
- 4/18/24 - Form 6-K
- 4/5/24 - Form 6-K
- 4/4/24 - Form 6-K
- TLK's page on the SEC website