Indosat Tbk PT (ISAT.JK)
6 Dec 2013
Rp. -25.00 (-0.61%)
|Market Cap (Mil.):||Rp. 22,279,130.00|
|Shares Outstanding (Mil.):||5,433.93|
Phone operator PT Indosat Tbk plans to sell its shares in telecommunication tower provider PT Tower Bersama Infrastructure and expects to raise 1.4 trillion rupiah ($120.64 million), said CEO Alexander Rusli. The firm expects to complete the sale by the first quarter of 2014 at the latest, Kontan reported.
(Corrects company ticker) Cellular operator PT Indosat will soon secure a 1 trillion rupiah ($90 million) loan from a state-owned lender, Andromeda H. Tristanto, head of investor communication divisions, told Kontan.
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