Temasek Holdings Archives — LIRNEasia


Indonesia’s largest telecommunications company, Telekomunikasi Indonesia (Telkom), said Wednesday it has asked unit Telkomsel to appeal a ruling that Telkomsel has broken the anti-monopoly law.Indonesia’s competition watchdog (KPPU) ruled on Monday that Telkomsel, the largest cellphone carrier here, has broken the competition law. The KPPU fined it 25 billion rupiah (2.7 million dollars) and ordered Telkomsel to lower its tariff by a minimum of 15 percent. “As the majority and controlling shareholder of Telkomsel, Telkom has requested Telkomsel to immediately carry out a legal review in accordance with its own internal processes and governance practices,” Telkom said.