INDONESIA PRESS-Indosat to sell Tower Bersama shares - Kontan

Wed Nov 13, 2013 8:55pm EST

Phone operator PT Indosat Tbk plans to sell its shares in telecommunication tower provider PT Tower Bersama Infrastructure and expects to raise 1.4 trillion rupiah ($120.64 million), said CEO Alexander Rusli. The firm expects to complete the sale by the first quarter of 2014 at the latest, Kontan reported.

Note: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 11605.0000 Indonesian rupiahs) (Compiled by Jakarta Newsroom; Editing by Supriya Kurane)