When Indosat Turns to Satelindo
Indosat, Satelindo, and IM3 are to merge. Is it true this move will be profitable?
February 11, 2003
It is said that a broom is certainly stronger than its individual bristles. It could well be this long-held view was the basis of Indosat's considerations to merge its business with those of Satelindo and Indosat Multi Media Mobile (IM3). The merger of the three is predicted will not just yield synergy, but also focus Indosat's business probably soon to shift from international direct dialing (IDD) to cellular telephones. And this is an unavoid
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