Indonesian Political, Business & Finance News

Cyber Access to start services in RI

| Source: BLOOMBERG

Cyber Access to start services in RI

BANGKOK : PT Cyber Access Communications, an Indonesian unit of Thailand's Charoen Pokphand Group, will start mobile-phone operations in Indonesia after winning last month a license to provide high-speed services, the Nation said.

Cyber Access has to start the service in three years, the report said, citing an unidentified company official close to the situation.

The Indonesian mobile-phone venture will be Charoen Pokphand Group's first overseas telecommunications investment since the 1997-98 Asian financial crisis, the report said.

The Charoen Pokphand Group, which owns TelecomAsia Pcl, Bangkok's biggest fixed-line phone company, TA Orange Co., Thailand's third-largest mobile-phone company and Charoen Pokphand Foods Pcl, Southeast Asia's third-biggest feed-mill operator, is controlled by Dhanin Chearavanont, one of Thailand's richest men. -- Bloomberg

View JSON | Print