Cellular Division - Economy - magz.tempo.co

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Mobile Phones

Cellular Division

Tuesday, July 3, 2001

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

. tempo : 173506604711.

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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