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Article: BRIEFING - ASIA TELECOMMUNICATIONS - OCT 22, 2008.
- Article from:
- AsiaPulse News
- Article date:
- October 22, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Oct 22, 2008, prepared by Asia Pulse (http:/ www.asiapulse.com), the real-time, asia-based wire with exclusive news, commercial intelligence and business opportunities.
INDONESIA'S BTEL TO BUYBACK ITS SHARES WORTH NEARLY US$62 MLN
JAKARTA - Publicly-listed telecommunications operator PT Bakrie Telecom Tbk (BTEL) (JSX:BTEL) and said on Tuesday it has set aside Rp600 billion (US$61.8 million) to buy back its shares.
PT Bakrie Telecom President Director Anindya N. Bakrie said in a press statement the funds are equivalent to 7.5 per cent of the company's paid-in or paid up capital or 2,135,966,462 shares.
INDONESIA'S INDOSAT REPORTS 14.9% ...