TELECOMMUNICATIONS
No Ceasefire
The price war continues as Indonesia's telecommunications industry looks to an unpredictable future.
January 20, 2009
INDONESIA is a paradise for the telecommunications industry. The cake yet to be shared is so tempting. Of Indonesia's 229 million population, an estimated 149 million are yet untouched by mobile phones-schoolchildren, taxi drivers, and housewives.
Take Excelcomindo Pratama (XL), for example. Since 2006, Excelcomindo, whose majority shares are owned by Telekom Malaysia Berhad, has moved aggressively setting its eyes on becoming the second biggest te
...