PT Telekomunikasi Indonesia Tbk, Indonesia’s biggest telecom operator, plans to spend 1 trillion rupiah ($85.8 million) to expand into several Middle Eastern nations including Saudi Arabia, said CEO Arief Yahya.
The company is allocating 20 trillion rupiah for capital expenditure this year. (Investor Daily)
Note: Reuters has not verified this story and does not vouch for its accuracy. (1 US dollar = 11,653.00 rupiah) (Compiled by Jakarta Newsroom)