Indonesian Political, Business & Finance News

Bimantara, Alcatel link

Bimantara, Alcatel link

JAKARTA (JP): Alcatel Alsthom of France and PT Elektrindo
Nusantara, an affiliate of the Bimantara Group, have signed an
agreement to cooperate in telecommunication projects in the
country, Alcatel said in a statement yesterday.

The agreement was signed by Serge Tchuruk, the chairman and
chief executive officer of Alcatel, and Bambang Trihatmodjo, the
chairman of the Bimantara Group, the statement announced.

Alcatel, in association with Elektrindo Nusantara, intends to
participate further in the fields of GSM mobile telephones,
subscriber cable networks and submarine links.

In 1995, orders received by the Alcatel group from Indonesia
totaled US$555 million, including $315 million from the
telecommunication systems and cable sectors, $230 million from
the energy and transportation sectors and $10 million from the
industrial sector, it said. (04)

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