AriaWest files arbitration

AriaWest files arbitration

JAKARTA (JP): PT AriaWest International filed on Tuesday a
US$1.3 billion arbitration claim against state owned
telecommunication company PT Telekomunikasi Indonesia (Telkom).

"We are still keeping the door open for settlement. The
arbitration claim does not change that

"We still hope that the government will act quickly and work
with us in the time that remains to reach a win-win solution,"
AriaWest's president John Vondras said in a statement.

The company said, the notice of arbitration, which was lodged
with the head office of the International Chamber of Commerce
(ICC) in Paris, claimed damages for numerous fundamental breaches
of contract by Telkom.

The case will be heard under the ICC rules in Geneva, the
company said. (jsk)