Articles tagged with: Supreme Court and Indosat

Qatar Telecom Still on Track to Buy Indonesian Stake

Qatar Telecom (Qtel) has refuted media reports that it was considering canceling its purchase of Indonesian mobile operator, Indosat - but did say that it was still waiting for further clarification on foreign ownership rules from the Indonesian government.  more

Related Tags: qatar-telecom, qtel, Indonesia

Qatar Telecom Confirms Indosat Purchase - Doubles First Half Revenues

Qatar Telecom (Qtel) has reported that its first half group revenues jumped by 102% to QAR8.1 billion (US$2.2 billion), driven by acquisitions and continued marketing efforts. The group's EBITDA has increased 92% in the first half of 2008 compared to the same period last year, to stand at QAR 4.04 billion (US$1.1 billion). Net profit attributable to the shareholders stood at QAR 1.18 billion (US$324 million) for the first half of 2008: an increase of 33% over the same period last year.  more

Related Tags: qatar-telecom, qtel, Qatar

Indonesian Court Rejects Temasek Appeal Over Local Investments

IndonesiaÃ's Supreme Court has rejected the bulk of an appeal by Singapore's Temasek Holdings that is had violated anti-monopoly laws due to its indirect holdings in two Indonesian mobile network operators, Telkomsel and Indosat.  more

Related Tags: qatar-telecom, qtel, telkomsel, temasek-holdings, Indonesia