TELKOM INDONESIA TO SPIN OFF WHOLESALE FIBRE CONNECTIVITY BUSINESS IN $2.16 BILLION DEAL
https://media.zenfs.com/en/reuters-finance.com/867653e5e73f5c639010691b73822a88
✍️ Telkom Indonesia agreed to spin off its wholesale fibre connectivity business to its subsidiary Telkom Infrastruktur Indonesia in a deal valued at $2.16 billion.
👉 Telkom Indonesia agreed to spin off its wholesale fibre connectivity business to its subsidiary Telkom Infrastruktur Indonesia 👉 The deal is valued at 35.787 trillion rupiah ($2.16 billion) 👉 The transaction is considered a material and affiliated party transaction under domestic rules 👉 The spin-off is aimed at improving business focus and optimizing fibre optic network assets
-- #RishavChatterjee #SnehaKumar #AlanBarona #SherryJacob-Phillips #Bengaluru #business
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