Telkom's subsidiaries

Telkom's subsidiaries

JAKARTA (JP): The Ministry of Finance is studying the
feasibility for the planned establishment of two subsidiaries by
the state-owned domestic telecommunications company PT Telkom.

Telkom's development director, Koesmarihati Sugondo, told The
Jakarta Post here yesterday that the two planned subsidiaries
will include PT Sambungan Komunikasi Satelit Perminyakan (SKSP)
and PT Batamindo.

She said that Sambungan Komunikasi, which will be a joint
venture between Telkom and the state oil company Pertamina, will
provide satellite communications for oil refineries, in which its
likely Telkom will control a stake of about 20 percent to 30
percent.

Telkom will own a maximum of a 30 percent stake in Batamindo,
which will be set up jointly with Singapore Telecom.

Telkom currently has nine subsidiaries, including PT
Satelindo, PT Ratelindo, PT Pasific Satelit Nusantara, PT
Bangtelindo, PT Telekomindo, PT Lintas Artha, PT Citra Sari
Makmur, PT Celcom and PT Yellow Pages. The establishment of two
more subsidiaries, PT Primacom and PT Inphilcom, is still being
processed.(icn)