Small shareholder wants cut in SingTel's directors' fees

A SMALL-time shareholder with just 190 of the company's shares hit out at what the board of directors was being paid at Singapore Telecommunications' (SingTel) annual general meeting on Friday, before 360 other shareholders and journalists. [more, straitstimes]

Top Indonesian mobile firm in talks with Qtel

SINGAPORE: Indonesia’s top mobile firm, Telekomunikasi Selular (Telkomsel) said yesterday it was in talks with Qatar Telecom to bring its mobile payments business to the Middle East and expects to exceed its forecast of 15% revenue growth this year.
“For the new business, especially the transaction business, we have our co-operation with Qatar Telecom in the Middle East,” Kiskenda Suriahardja, president director of Telkomsel, said on the sidelines of a regional telecoms award ceremony. [more, gulf-times]

SingTel’s mobile customer base shows strong growth

Singapore Telecommunications Limited's (SingTel) mobile customer base in the Asia-Pacific totalled 185.34 million as of March 31, 2008. [more, idg.no]

INDONESIA: SingTel appeals court ruling

Friday, May 23, 2008. Temasek subsidiary companies, Temasek Holdings, Singapore Telecommunications and Singapore Telecom Mobile, have filed an appeal to the Supreme Court over a lesser court's ruling that found them guilty of antitrust violations. [more, asiamedia]

UPDATE 1-Indonesia's Indosat Q4 net profit up 23.6 pct

JAKARTA, March 31 (Reuters) - Indonesia's second-largest mobile phone operator, PT Indosat Tbk ISAT.JK, saw a better-than-expected 23.6 percent rise in fourth-quarter net profit, thanks to strong growth in its subscriber base.

The company, around 40 percent owned by Asia Mobile Holdings, saw mobile phone users expand by 47 percent to 24.5 million last year, beating 38 percent growth for the overall industry. [more, reuters]

Indonesia's Indosat FY net profit seen up 28-49 percent on subscriber growth

JAKARTA, Mar. 19, 2008 (Thomson Financial delivered by Newstex) -- Indonesia's second-biggest telecom company PT Indosat (NYSE:IIT) is expected to report next Wednesday a 28-49 percent growth in 2007 net profit largely due to a robust increase in the number of its subscribers, analysts polled by Thomson Financial said. [more, CNNMoney]

New Report Profiles 13 Major Asian Telcos

DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c78022) has announced the addition of 2007 Asia - Telco Company Profiles to their offering.

This report presents 13 profiles of selected major telecommunications companies in Asia. Each profile provides a descriptive overview of the business of the particular company as well as the latest available financial and operational statistics.

This publication contains overviews of the companies that have been attracting most attention in the region. The reports contain historical financial and operating data on each of the companies covered. [more, businesswire]

Temasek Files Appeal Against Indonesian Ruling (Update1)

Dec. 18 (Bloomberg) -- Temasek Holdings Pte, a Singapore state-owned investment company, appealed against an Indonesian court ruling that said it broke antitrust laws through stakes in the country's two biggest mobile-phone operators.

The appeal was filed at the Central Jakarta District Court, Temasek said today in a statement. Indonesia's antitrust regulator on Dec. 5 ordered the company to sell its stake in either PT Telekomunikasi Selular or PT Indosat within two years. [more, bloomberg]

Temasek case not to undermine investment

Jakarta (ANTARA News) - Monday`s verdict by the Business Competition Supervisory Commission (KPPU) against Singaporean firm Temasek Holding has raised concerns that it would undermine the investment climate in Indonesia.Lee Theng Kiat, chief Executive of ST Telemedia, which is wholly owned by Temasek, said the KPPU`s ruling had raised a serious question on the implementation of the law and had at the same time also triggered the question whether foreign investors could feel secure about their investment in Indonesia. [more, antaranews]

SingTel's Mobile Subscribers Up 57%

The regional subscriber base of State-owned Singapore Telecommunications Limited (SingTel) has grown by a staggering 57 per cent in the past year as the company takesadvatage of massive mobile phone growth in the Asia region. [more, mobilised]

Now, Idea roamers to get seamless experience

NEW DELHI: Mumbai-Based cellular service provider Idea Cellular has joined the Asia Mobility Initiative (AMI) Alliance, a regional international roaming alliance, that will give users seamless roaming experience. The AMI alliance now has six GSM members — Celcom (Malaysia), MobileOne (Singapore), Excelcomindo (Indonesia), Telstra (Australia) and DTAC (Thailand), apart from Idea — with a combined subscriber base of over 58 million. Asia-Pacific accounts for 34% of the industry’s outbound roaming traffic. [more, indiatimes]

UPDATE 1-SingTel keeps '08 outlook for single-digit sales growth

... SingTel, Singapore's biggest company by stock market value, has expanded into fast-growing mobile phone markets outside its saturated home base -- such as Indonesia, the Philippines, and India -- and last month announced the purchase of a 30 percent stake in Warid Telecom, Pakistan's third-largest mobile operator, for $758 million. [more, reuters]

Indonesia's Telkom sees improved Q2 earnings due to higher subscriber base

JAKARTA (Thomson Financial) - Indonesia's largest telephone operator PT Telekomunikasi Indonesia (Telkom) said Wednesday it expects to report stronger earnings in the second quarter to June compared to the previous quarter due to the higher subscriber base for its cellular and fixed wireless telephone services. [more, forbes.com]

Indonesian government caps new FDI in telecoms sector

The government of Indonesia has adopted legislation to cap new foreign investment in the country’s telecoms market, the trade minister said on Wednesday. The move, which is designed to protect national interests, comes amid rising concerns from some Indonesian politicians over the growing influence of foreign businesses in what is currently Southeast Asia’s leading economy. [more, telegeography.com]

Indonesia caps new diversified foreign investment

JAKARTA: Indonesia has capped new foreign investment in sectors such as transport, property and fast-growth telecoms, the trade minister said on Wednesday, citing a need to protect the national interest.The new ruling, effective from Tuesday, comes amid concerns raised by some politicians over the growing influence of foreign business in Southeast Asia’s top economy after a series of state asset sales since the Asia crisis a decade ago. [more, thenews]

SingTel Faces Probe By Indonesia Competition Commission

SINGAPORE -(Dow Jones)- Singapore Telecommunications will be scrutinized by Indonesia's business competition regulator over allegations of monopolistic practices in the Muslim nation's telecommunications industry, the company said Friday. SingTel said in a statement that it and its Singapore Telecom Mobile Pte. Ltd. unit have been called before the Commission for Supervision of Business Competition, but didn't give a date for the hearing. [more, cellular-news]

SingTel Wins Battle for Stake in Warid

SINGAPORE -- Singapore Telecommunications Ltd. emerged as the winner in a three-way battle to get a 30% stake in Pakistan's Warid Telecom.
SingTel said Thursday it will pay US$758 million to acquire the stake from Warid's parent company, Abu Dhabi Group.[more, online.wsj]

Competition brings best out of S'pore's telecom sector: IDA

... Five years after STT, through Asia Mobile Holding, legally bought a 41.9 percent stake in Indosat from the Indonesian government, monopoly watchdog the KPPU is launching an investigation into possible violations of the 1999 Antimonoply Law for its cross-ownership at Indonesia's two large mobile phone operators. [more, thejakartapost]

11 Operator Bersatu Pangkas Duplikasi Biaya

Telkomsel merupakan salah satu dari 11 operator yang tergabung dalam aliansi operator seluler di Asia Pasifik Bridge Mobile Alliance (BMA). Selain Telkomsel, operator lain yang tergabung di dalamnya ialah Airtel (India), AIS (Thailand), CSL (Hong Kong), CTM (Macau), Globe Telecom (Philippines), Maxis (Malaysia), SingTel Mobile (Singapore), SingTel Optus (Australia), SK Telecom (Korea), dan Taiwan Mobile (Taiwan). [more, detikinet]

99% Warga Nikmati Akses Internet Broadband

...Howard mengatakan Optus -- perusahaan telekomunikasi kedua terbesar di Australia yang juga cabang dari Singtel -- beruntung mendapatkan kontrak senilai 958 juta dolar Australia untuk membangun jaringan broadband di kawasan pedesaan Australia, bersama dengan perusahaan finansial Elders. [more, detikinet]