SingTel says Telkomsel doing well despite price war

Tue May 13, 2008 9:22pm EDT
 
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SINGAPORE, May 14 (Reuters) - Singapore Telecommunications (STEL.SI), Southeast Asia's largest phone company, said on Wednesday that PT Telekomunikasi Indonesia Tbk (TLKM.JK), or Telkomsel, was doing well relative to the market despite a price war.

"Telkomsel is going through a phase where new players are becoming price aggressive, but growth is still strong -- relative to the market, Telkomsel is still performing well," said Lim Chuan Poh, chief executive officer of international operations. (Reporting by Jennifer Tan & Jan Dahinten)

 
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