Singapore Telecommunications said on Thursday it is in talks to integrate PT Telkom Indonesia Tbk's fixed broadband business with PT Telekomunikasi Selular .
"This represents a rare opportunity for Telkomsel to enter the high growth fixed broadband market in Indonesia with an industry leader that has some 70 per cent share of market," said Singtel, which owns a 35 per cent stake in Telkomsel.
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Indonesia nickel company Merdeka Battery Materials plans $580 million IPOJAKARTA : Indonesian nickel company Merdeka Battery Materials, a unit of Merdeka Copper Gold plans to raise up to 8.745 trillion rupiah ($580.29 million) in an initial public offering in April, a prospectus published on Tuesday showed.It will be the second nickel firm in Indonesia to go public this year a
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