Telecoms news from Indonesia
SK Telecom has signed a Memorandum of Understanding (MOU) with Telkom Indonesia, to cooperate in new business areas including IoT, media and smart products/Lifeware. ...more.
Indonesia's XL Axiata has secured regulatory approval to raise up to US$651 million by selling fresh shares to the public. ...more.
Nokia and Hutchison 3 Indonesia (H3I) have signed an agreement under which Nokia will expand H3I's core network ...more.
Indonesia's XL Axiata has announced that it is selling 2,500 of its towers to the local tower operator, Protelindo for US$267.2 million. ...more.
Tower companies in India and Indonesia are the most developed in Asia and expected to continue growing - but geographical, operational and regulatory differences between the two countries will affect their growth rates and financials. ...more.
Today, the emerging market of Indonesia has over 88 million internet users with more than 9 in 10 (93%) regularly going online with their smartphones. ...more.
The sequential increase was much higher than the same period last year as vendors shipped in higher volumes of smartphones before their import licenses expired in the end of 2015 or early 2016. ...more.
Indonesia's Telkomsel says that it is aiming to sign up 6 million customers to its new mobile payments service, T-Cash by the end of this year. ...more.
Indonesia's XL Axiata has confirmed that it plans to sell some of its telecoms towers to help pay down its debt. ...more.
Indonesia's XL Axiata is reportedly seeking to raise US$500 million next year to help pay down its debt. ...more.
Fitch Ratings says that the credit profiles of Indonesia's top three telcos will remain stable, given flat capex and rational competition ...more.
Ericsson has been selected by Telkomsel, Indonesia's largest mobile operator, for a full radio transformation in Indonesia's Kalimantan region. ...more.
Ericsson and Indosat, have further strengthened their partnership with a new agreement to deploy 4G/LTE network in Greater Jakarta. ...more.
Starting next year, three mobile network operators in Indonesia will begin testing Google's Project Loon balloon-powered Internet. ...more.
Indonesia's XL Axiata has signed a three-year contract with Ericsson for design and implementation of 4G/LTE network and upgrade of existing 2G and 3G networks in Jakarta and Central Java. ...more.
Syniverse and Telin have signed a multiyear agreement to provide Telin with 4G roaming and signaling connectivity through Syniverse's IPX Network Solution. ...more.
Demand for smartphones in Southeast Asia achieved a new peak in the first half of 2015, as consumers across the region's seven key markets continue to spend more on the gadget to generate over USD8 billion in sales ...more.
Fitch Ratings says that the Indonesian telecom tower companies' leverage ratios are likely to improve, as their capex declines due to lower demand for additional towers ...more.
Gemalto says that it has been selected by Elasitas to provide mobile subscribers in Indonesia with LinqUs Smart Backup, offered in SaaS mode by Gemalto Allynis services. ...more.
Telkomsel's rating reflects its dominant market position in the Indonesian mobile telecommunication market. ...more.