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Temasek’s Clandestine Move

Tuesday, June 17, 2008

Qatar Telecom is the new authority in Indosat, following a sale transaction colored by differences of opinion. Temasek made almost Rp30 trillion from Indonesia in 2008.

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THE red carpet led from the lobby to Ballroom 1 of the Ritz Carlton Hotel in Pacific Place, Jakarta. Three senior officials from Qatar Telecom (Qtel) hastily walked along this red carpet on Monday last week. Inside the ballroom, several reporters had already been waiting quite some time. “Thank you for coming to this sudden announcement,” said Sheikh Abdullah bin Mohammed bin Saud al-Thani, owner of the Qatar Group.

This sudden meeting in on

...

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