Telecoms news from Indonesia
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.
Alcatel-Lucent says that it has won a contract from Telkom Akses, the Telkom Indonesia subsidiary responsible for building a national broadband infrastructure, ...more.
Indonesian mobile network operator, Indosat, plans to either spin off or sell its tower assets next year, the company's CEO has confirmed. ...more.
Indonesia's Telkomsel has announced plans to open more offices overseas as it seeks further investment opportunities to broaden its geographic reach. ...more.
Handset assembly giant, Foxconn is to invest up to US$1 billion in Indonesia, it has announced. ...more.
Moody's Investors Service notes that PT XL Axiata's (XL) full-year results for 2013 are broadly in line with expectations and support XL's Ba1 rating and stable outlook. ...more.
Passengers flying with Garuda Indonesia can now use OnAir's inflight Wi-Fi product, Internet OnAir, throughout the flight. ...more.
Indonesian tower network operator, Protelindo has issued a Rp 1 trillion (US$81.7 million) bond to help repay its existing Rp 3 trillion bank loan. ...more.
Australia's Telstra and Telkom Indonesia have signed an agreement to form a new joint venture to provide network services in South East Asia. ...more.
Indonesia's Indosat plans to invest around US$430 million on upgrades to its network during 2014, with the bulk of the work going in preparations for LTE services. ...more.
Indonesian telco, Indosat could raise upwards of US$115 million from that sale of its 5 percent stake in the tower management company, Tower Bersama Infrastructure. ...more.
The Indonesian government has approved XL Axiata's takeover bid of its smaller rival, Axis Telekom. ...more.
Indonesia's Telekomunikasi (Telkom) has refuted reports that it is planning a stock market listing for its mobile network subsidiary, Telkomsel. ...more.
Fitch said that the ratings were downgraded after BTEL did not pay a USD21.8m coupon on its USD380m senior unsecured bond that was due on 7 November 2013. ...more.