Telkom pushes into healthcare with AdMedika deal

Tags
AdMedika  Healthcare  Indonesia  Merger and acquisition  Metra  Telkom Indonesia

Telkom pushes into healthcare with AdMedika deal

Nicole McCormick  |   January 27, 2010
telecomasia.net
Thumbnail: 
Indonesia’s biggest operator, Telkom, has inked a deal to acquire a controlling stake in the country’s largest health care administration provider AdMedika.
 
Telkom subsidiary Multimedia Nusantara (Metra) has signed a Conditional Sales and Purchase Agreement to acquire a 75% stake in AdMedika.
 
“With 75% ownership of shares, Telkom reserves the right to fully control AdMedika,” said Telkom. The price was not disclosed.
 
The deal will be the precursor to establishing national e-health service InsureNet, which is backed by five state-owned insurance companies, said Telkom’s vice-president investor relations, Agus Murdiyatno.
 
“This acquisition is a strategic acquisition for Telkom,” Murdiyatno added, because of the prospects for InsureNet.
 
Metra CEO Alex J. Sinaga said that AdMedika owns 12% market share of the e-Health business process outsourcing market in Indonesia, with 1.2 million members.
 
“[The acquisition is] expected to provide optimal synergy value for the group….by optimizing synergies with Sigma in integration services, Infomedi…through Contact Center Outsourcing, Finnet as an e-payment gateway and Mojopia in providing a one-stop online healthcare service portal,” said Sinaga. 
Source: 
telecomasia.net
Nicole McCormick

Similar

Related Articles

Tell Us What You Think

Add comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd> <a> <p> <span> <div> <h1> <h2> <h3> <h4> <h5> <h6> <img> <img /> <map> <area> <hr> <br> <br /> <ul> <ol> <li> <dl> <dt> <dd> <table> <tr> <td> <em> <b> <u> <i> <strong> <font> <del> <ins> <sub> <sup> <quote> <blockquote> <pre> <address> <code> <cite> <embed> <object> <strike> <caption>
  • Lines and paragraphs break automatically.
  • Use <!--pagebreak--> to create page breaks.

More information about formatting options

Frontpage Title Only

DAILY NEWS

Video from Telecom Channel

 
Music industry facing unique challenges
Hear what the music industry thinks about its future in the mobile & internet spaces and how it is adapting.
 

Frontpage Content by Category

SPECIALS

2010: All the forecasts

Industry experts put their heads together and stick their necks out to call the big trends for 2010

The top telecom stories of 2009

As 2009 draws to a close, take a look at some of the top 20 stories that our readers clicked most during the year

Voices_tabs

Apple iPad - what it is and isn't

A couch potato's dream, but it doesn't multitask well

Making light of 2.4 GHz overload

2.4 GHz isn't likely to collapse from home networking overload – but if it does, there's always LEDs
MORE

The path to opto-electrical convergence

Recommended for large-scale projects only

Future in doubt for India's new players

New entrants into the crowded telecom market face numerous challenges, such as sustaining profitability from a low-ARPU user-base
MORE

RA's future is in smaller apps

The best RA tool is the professional’s mindset

Telcos face three major issues on cloud services

Service providers must address three cloud computing services issues if enterprise customers are going to adopt the new model. The TM Forum wants to help.
MORE

Frontpage Title Only

FEATURES

Frontpage Title Only

WHITE PAPERS

businessweek_industryview

Is Apple ready for merger mania?

The company has hired a banker from Goldman Sachs and looks to be in a more acquisitive mode
MORE

Can mobile messaging survive in the smartphone era?

SMS has long been the cash-cow of the mobile industry, but as mobile browsing surges in popularity, operators are under increasing pressure to change their once-solid messaging models
MORE

lighter_side_telecom_career

iPhones save lives

iPhone Medical App saved filmmaker's life in Haiti earthquake
MORE

Baidu CTO follows COO out the door

To take CEO post of mobile VAS firm?
MORE