Singtel in talks to integrate Telkom Indonesia's fixed broadband business with Telkomsel
March 30 (Reuters) - Singapore Telecommunications (Singtel) (STEL.SI) said on Thursday it is in talks to integrate PT Telkom Indonesia (Persero) Tbk's (TLKM.JK) fixed broadband business with PT Telekomunikasi Selular (Telkomsel).
"This (integration) represents a rare opportunity for Telkomsel to enter the high growth fixed broadband market in Indonesia with an industry leader that has some 70% share of market," said Singtel, which owns a 35% stake in Telkomsel.
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