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Merger Of Telkom’s Mobile & Broadband Businesses Strengthens Their Position in Indonesia’s Telecommunications Industry

Telkom Indonesia, the country’s largest telecommunications company, is merging its mobile and broadband businesses in an effort to keep up with new market trends. Bloomberg.com stated that Telkom partnered with Goldman Sachs Group Inc. as the financial advisor for the merger. The merger is expected to create a value of more than $30 billion. The […]