Telkom Indonesia is reported to be in talks to obtain a 27 per cent stake in one of New Zealand’s largest mobile operators, as part of a broader strategy to expand into ten foreign markets by the end of the year.
The target is thought to be Spark Telecom, previously known as Telecom New Zealand, the Jakarta Post reported. Spark has a 36 per cent market share (about two million connections) while Vodafone New Zealand has a 41 per cent share (2.3 million).
A Telkom representative said it could not disclose the name of the company due to an NDA with the targeted operator.
Telkom, which is the parent of the Indonesia’s leading operator Telkomsel, recently purchased a 75 per cent stake in Contact Centers Australia (CCA) for $9.7 million, a BPO provider, the Post said. The Sydney-headquartered firm also has operations in Wellington, New Zealand’s capital.
Telkom said in August it is planning to launch a number of MVNOs in the Middle East, targeting Indonesians living and travelling in the region. It’s also looking to team up with Silicon Valley venture capital firms to compete better on global digital services.
Through Telkom Indonesia International (Telin), it currently operates MVNOs in Malaysia, Singapore, Timor Leste and Hong Kong. It has plans to launch services in Macau and Taiwan this year.