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Much Ado About the Monopoly

Monday, September 25, 2000

PT Telkom's monopoly rights are to be cut short by eight years. Any potential business risks involved need to be anticipated before yet another BUMN incurs losses.

arsip tempo : 172853088926.

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PT Telkom is one of 10 state-owned enterprises (BUMNs) that will be privatized once again by December this year at the latest. The purpose of this re-privatization is to put an urgently needed Rp6.5 trillion into the government's almost empty coffers.

Up to now there have been no signs of any privatization however, and with December quite close, it seems more and more as if the deficit is to be pushed over to next year's planned state budget (RAPB

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