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INDONESIA PRESS-Telkom to invest $200 mln in Silicon Valley start-ups -Kontan
August 15, 2014 / 1:20 AM / 3 years ago

INDONESIA PRESS-Telkom to invest $200 mln in Silicon Valley start-ups -Kontan

PT Telekomunikasi Indonesia Tbk (Telkom), Indonesia’s largest telecommunication company, plans to invest $200 million in Silicon Valley start-ups, said Indra Utoyo, director of IT solution and strategic portfolio.

The state-controlled company has invited Fenox Venture Capital as its partner to seek potential start-ups. (Kontan)

Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Jakarta Newsroom; Editing by Subhranshu Sahu)

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