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Revisiting an Old Plan

Monday, October 5, 2020

Telkom’s old plan to purchase Gojek shares is close to reality. After past failure, the trillions-of-rupiah corporate action will be performed through Telkomsel. But uncertainty regarding the fate of the investment looms.

A Gojek rider waiting for a passenger in front of Telkom building, Jakarta, October 2./ Tempo/Tony Hartawan. tempo : 173224814682.

ERICK Thohir’s promise should bring Telekomunikasi Indonesia (Telkom) and its largest subsidiary, Telekomunikasi Selular (Telkomsel) closer to realizing their plan. The state-owned enterprises (SOEs) minister ensures that he will be giving the green light to SOEs wishing to invest in other companies, as long as clear calculations are made. “If the company purchased is one that’s healthy, that can support the core business, why n

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