Tuesday, December 2, 2008

Qtel agrees tender offer of IDR7,388

The Capital Market and Finance Institution Supervisory Agency (Bapepam-LK) stated that Qatar Telecom Q.S.C. (Qtel) eventually agreed with the par value of IDR7,388 for the tender offer of 24.2 percent of PT Indosat Tbk public shares.
However, Qtel has not informed the timeline of the tender offer due to problems arising from the frequency and spin off Indosat fixed and mobile networks business units.

No comments: