Cellular Division

Lippo is venturing into a business that has proved a graveyard to the unwary. Will it go the same way?

July 3, 2001

After six years 'on hold', the Lippo Group is finally entering the business of mobile phones. In 1995, the conglomerate lost out to Excelmindo in a competition for a government license to operate the Global System for Mobile Communications (GSM) 900 in Indonesia. Last January, Natrindo Telepon Seluler, a Lippo subsidiary, was one of seven operators licensed by the government to offer GSM 1800 regional services to the Indonesian public. Ahead of th

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