TELECOMUNICATIONS
Telkom and Indosat to Delist

TWO of Indonesia’s national telecommunications companies, Indosat and Telkom, will delist from United States stock exchanges. State Minister for State-Owned Enterprises (SOEs) Sofyan Djalil stated that PT Indosat Tbk was currently reviewing this planned delisting. The reasons for this are that stock exchange regulations there are complicated and annual costs are large. “If one wants to have an i