Wednesday, February 08, 2006

Telkomsel, Indosat, & Excelcomindo wins 3G

Indonesia government awarded 3G licenses to three telecommunication providers PT Telkomsel (a subsidiary of PT Telkom Tbk, 35% owned by SingTel), PT Indosat Tbk (majority owned by ST Telemedia), and PT Excelcomindo Pratama Tbk (majority owned by Telekom Malaysia) today.
These companies submitted the highest offers in an open bidding while two companies (PT Bakrie Telecom and PT Telkom for Flexi) failed.
The winners should pay upfront fee and cost of frequency usages at Rp160 billion in the next 30 days. The previous holders of 3G lincese, PT Natrindo Telepon Seluler (owned by Maxis Communications, Malaysia) and PT Cyber Access Communications (owned by Hutchison-Whampoa), should also pay the same amount.

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