Tiphone is overburdened by debt.

SYMBOLS of Tiphone Mobile Indonesia’s past glory are disappearing one after another. The tall building at the intersection of Jalan Gadjah Mada and Jalan KH. Zainul Arifin, Central Jakarta, which used to be the headquarters of the company owned by Hengky Setiawan, for example, has changed. The “Telesindo” nameplate that adorned the 14-story building for years has been replaced by one that reads “Lawu.” Telesindo Towe

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.