AriaWest, Siemens tie up

Wed, 01 Sep 1999, 00:00 WIB | Source: JP

JAKARTA (JP): AriaWest International, the exclusive contract-
sharing partner of state telecommunications firm PT Telkom for
West Java, has signed an agreement with Siemens Indonesia to
build 62,962 new line units in West Java.

AriaWest's president John G. Vondras announced on Monday that
Siemens would construct the lines to be progressively delivered
and completed by the end of January 2000 under the Rp 65 million
(US$8.6 million) contract.

"The signing of the agreement represents AriaWest's commitment
to remain in Indonesia for the long term." The company has
invested over $390 million and built about 324,000 line units in
the region, he added.

AriaWest International is 52.5 percent owned by Artimas
Kencana Murni in partnership with MediaOne International BV (35
percent) and the Asian Infrastructure Fund (12.5 percent). (cst)

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