Telkom 'Turf War'

The government finally replaced Telkom's board of commissioners, keeping Rinaldi Firmansyah as CEO. Why was the planned merger with Bakrie Telecom scrapped?

January 12, 2011

TELKOM'S (PT Telekomunikasi Indonesia) extraordinary shareholders meeting held at the Ritz-Carlton Hotel, Jakarta, last month ran smoothly. There was no heated or rowdy debate between shareholders and the chair over the important issue of the composition of the boards of directors and commissioners.

It had initially been thought that the representatives of the Telkom Employees Union who attended the meeting would offer strong opposition. Especially

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