{
    "success": true,
    "data": {
        "id": 1185034,
        "msgid": "astratel-seeks-more-foreign-partners-1447893297",
        "date": "1995-09-09 00:00:00",
        "title": "Astratel seeks more foreign partners",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Astratel seeks more foreign partners JAKARTA (JP): PT Astratel Nusantara, a subsidiary of Astra International, is negotiating with four foreign firms, including the Japanese giant Marubeni, to support its telecommunication business. In cooperation with France Telecom and two domestic partners, Astratel has set up a consortium called Pramindo Ikat Nusantara, to carry out a telecommunication project in the country.",
        "content": "<p>Astratel seeks more foreign partners<\/p>\n<p>JAKARTA (JP): PT Astratel Nusantara, a subsidiary of Astra<br>\nInternational, is negotiating with four foreign firms, including<br>\nthe Japanese giant Marubeni, to support its telecommunication<br>\nbusiness.<\/p>\n<p>In cooperation with France Telecom and two domestic partners,<br>\nAstratel has set up a consortium called Pramindo Ikat Nusantara,<br>\nto carry out a telecommunication project in the country. The<br>\nconsortium is one of the five awarded 15-year contracts by the<br>\ngovernment to install a total of two million telephone lines in<br>\nSumatra, West and Central Java, Kalimantan and east provinces.<\/p>\n<p>Pramindo alone will install 516,000 telephone lines in Sumatra<br>\nbeginning early next year. Pramindo will also operate about 1.2<br>\nmillion telephone lines under its contract, which will involve an<br>\ninvestment of US$575 million.<\/p>\n<p>\"We are now negotiating with the four foreign firms on<br>\ncooperation to strengthen Pramindo's technical and financial<br>\nposition,\" Astratel's president, Thomas B. Subijanto, told<br>\nreporters Thursday.<\/p>\n<p>He said the foreign companies are Marubeni Corp. and Nichimen<br>\nof Japan, the International Finance Corp., an affiliate of the<br>\nWorld Bank, and Commonwealth Development Corp. from Britain.<\/p>\n<p>Marubeni and Nichimen plan to have shares in Pramindo, he<br>\nsaid.<\/p>\n<p>Pramindo is 59.5 percent owned by Astratel, 35 percent by<br>\nFrance Cable et Radio, a subsidiary of France Telecom, 3.5<br>\npercent by PT Intertel Pratamamedia and 2 percent by the<br>\ncooperative of the employees of the Ministry of Tourism, Post and<br>\nTelecommunications.<\/p>\n<p>Another Japanese firm, NTT, is already involved in Mitra<br>\nGlobal Telekomunikasi Indonesia, one of the other four consortia<br>\nawarded the telecommunication projects, which will install<br>\n440,000 telephone lines in Central Java.(icn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/astratel-seeks-more-foreign-partners-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}