Telecoms news from Indonesia
Mobile payents vendor, Bango announced that Indonesia based Indosat has used the Bango Payments Platform to launch one-click payment for Google Play customers. ...more.
Indonesia's top three telecom companies' 2015 credit profiles will improve due to ongoing industry consolidation, monetisation of tower assets and capex savings despite lower profitability, ...more.
Two deals announced in October by major Indonesian telcos to sell off tower assets to dedicated tower operators will have a varying credit impact for each of the deal participants, says Fitch Ratings. ...more.
Network-wide optimization implemented through the joint project delivered up to 70 percent improvement in app coverage. ...more.
Australia's Telstra and Telkom Indonesia have signed a joint venture agreement to provide Network Application and Services to companies operating in Indonesia. ...more.
The research reveals that 54 percent of respondents in Indonesia, have used money transfer services, followed by 45 percent in Vietnam and 34 percent in Bangladesh. ...more.
Constrained by Sovereign Rating: Telkom's IDRs are capped by the ratings on the Indonesian sovereign, due to the government's 52.6% shareholding in Telkom. The government, through its control of the company's board of directors, has significant influence over the company. ...more.
Indonesia's Tower Bersama Infrastructure (TBIG) is reported to have lined up US$1.8 billion in funding should it win a bid to buy a number of towers being sold by the country's largest mobile network operator, XL Axiata. ...more.
The Chinese smartphone manufacturer, Oppo is reported to be interested in building a handset factory in Indonesia, an Indonesian government minister has revealed. ...more.
ZTE says that it has won a contract from Telkom Indonesia for a backbone network upgrade to deliver a 10-fold capacity increase in most of the network across Java. ...more.
Fast rising Chinese smartphone manufacturer, Xiaomi is said to be preparing to expand its sales operations into Indonesia later this year. ...more.
The Indonesian tower network owner, Sarana Menara Nusantara is seeking to raise US$332 million from shareholders to fund its network expansion plans. ...more.
BlackBerry has shown off its long expected low-cost smartphone, the BlackBerry Z3, Jakarta Edition, which will be exclusively sold in Indonesia, a key market for the company. ...more.
Indonesia's phone companies have reacted with alarm to proposals from the government to impose a 20% import duty on high-end smartphones. ...more.
The Indonesian government is considering imposing a additional "luxury tax" on high-end smartphones in an effort to stimulate increased manufacturing locally. ...more.
Telkom Indonesia has confirmed that it plans to shut-down its CDMA service at some point probably next year. ...more.
The debt ratings agency said that Indosat's standalone credit profile of 'BB' currently has low ratings headroom. ...more.
Chinese consumer electronics manufacturer, Haier says that it plans to open a mobile phone production factory in Indonesia later this year. ...more.
Huawei Marine Networks says that it has upgraded Telkom Indonesia's 3rd route submarine cable system utilizing 100 Gbps technology featuring soft-decision forward error correction (SD-FEC). ...more.
Indonesian telco, Indosat says that it is looking to raise Rp1.39 billion (US$122 million) from the sale of its stake in Tower Bersama Infrastructure (TBIG). ...more.