Singtel to integrate Indonesian telco IndiHome into associate Telkomsel
SINGAPORE – Singtel announced on Thursday that it has, through Telekomunikasi Selular (Telkomsel), entered into a conditional spin-off agreement with Telkom Indonesia (Telkom) to integrate Telkom’s fixed broadband business IndiHome into Telkomsel. Telkomsel is Singtel’s 35 per cent-owned associate in Indonesia, while Telkom owns the remaining 65 per cent. Singtel said the integration provides a … Read more