Browse related articlesQtel eyes bigger stake in PT Indosat
Qatar: Tuesday, October 28 - 2008 at 09:21
PT Indosat, Indonesia's second-largest phone company, will separate its fixed-line operations to allow Qatar Telecom to own 65% of the company, Bloomberg has reported. Indosat will have two years from today to spin off the unit. Indonesian law allows overseas companies to own up to 65% of mobile-phone companies, while limiting foreign ownership to 49% in fixed-line phone operators.
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Jeff Florian, Senior ReporterTuesday, October 28 - 2008 at 09:21 UAE local time (GMT+4)
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