Behind the Palapa Ring project
A consortium of seven companies, including five largest telecommunication providers, is scheduled to sign a memorandum of understanding for the ambitious US$1.6 billion Palapa Ring project tomorrow. Can we imagine this group would lost the battle in October? Checkout at www.yosefardi.com.
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1 Comments:
The consortium scheduled a three years development and operation investment. Estimated 3 billions rupiahs will cover all development and operation during such period...
I am not sure the consortium could meet project schedule, for many reason..
- less govt involvement (to ensure that palapa rings consortium will meet the original objectives; for Indonesia people).
- less feasible business for smaller and start up telco/network-operator player. (telco oriented business model)
- investment shared portion (telkom as the biggest investor most likely will lead the consortium... (meaning: it all depends to telkom investing mood).
anyhow, let's see how it's gonna work.. hope for the best for Indonesia :)
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