Telkom applies to NYSE

Telkom applies to NYSE

NEW YORK (Reuter): PT Telekomunikasi Indonesia (Telkom), the
nation's telecommunications company, said it filed a registration
statement with the U.S. Securities and Exchange Commission
regarding an offering of American Depositary Shares in its global
offering of stock.

The company said it has 2.7 million subscriber lines and
provides a number of other telecommunications services.

Goldman Sachs, Lehman Brothers, Merrill Lynch and SBC Warburg,
PT Bahana, PT Danareska, PT Jardine Fleming Nusantara and PT
Makindo are marketing the offering, the company said.

Telkom's offering is part of a privatization program by the
Indonesian government and follows initial public offerings of PT
Indosat and PT Tambang Timah, the company said.