Report: Qtel may pay US2B for remaining 44.9% of Indosat

Qatar Telecom is willing to pay as much as US$2 billion for the remaining 44.9 percent of PT Indosat shares but is still waiting for the approval of its bid from Indonesia’s market regulator, notes Cellular News.
 

Qatar Telecom’s investment in Indosat capped at 49%

Cellular News reports that Qatar Telecom’s investment in Indonesia’s PT Indosat will be restricted to 49 percent (the foreign ownership limit imposed on fixed-line operators), an official with the Indonesian capital markets regulator Bapepam said Monday.

Jakarta limits QTel control in Indosat

Indonesia’s communications minister said today Qatar Telecom cannot control more than 65 percent of Indosat, Indonesia’s second largest mobile operator, notes Reuters.

Indonesian CDMA operators launch 1xEV-DO services

Indonesian CDMA operators Mobile-8 Telecom and Smart Telecom have launched commercial CDMA2000 1xEV-DO services to counter 3G/WCDMA offerings from rivals such as Telkomsel, Indosat and Excelcomindo, reports Telegeography, citing CNETAsia.

Indosat reveals US360M network spend

TeleGeography notes that Indonesia’s second-largest telecoms operator, Indosat, says it is allocating 60 percent of this year’s US$600 million capex to expand and improve its networks and services, in an increasingly competitive domestic market.