Sunday, June 08, 2008

Qatar Telecom - purchase of PT Indosat

Qatar telecom in $1.8bn deal

Qatar Telecom has announced that it will buy a 40.8% stake in Indonesian mobile phone company PT Indosat. The $1.8bn deal will see the emirate's phone operator buy the stake from Asia Mobile Holdings, its joint venture with Singapore Technologies Telemedia, Bloomberg has reported.

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