Indonesian Political, Business & Finance News

KSO's Achievements

KSO's Achievements

1. KSO brings investment:

* Total investment: US$1.57 billion (as of March 1999).

* Equity: US$568 million (as of March 1999).

* Debt: US$1.008 million -- non-Government of Indonesia

(GOI) guarantee (as of March 1999).

2. KSO accelerates telecommunications development:

* Line construction: 1.37 million new lines (as of March 1999).

* Strong customer service focus.

* Customer base increase more than one million in three years.

3. KSO brings new technology:

* Technology transfer.

* Develop state-of-the-art infrastructure.

4. KSO brings value and benefit:

* Financial contribution: MTR, DTR, license fee, tax.

* Remove Telkom/GOI's foreign currency exposure.

* Add international credibility.

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