Telstra to form JV with Telkom Indonesia

Telstra to form JV with Telkom Indonesia

Dylan Bushell-Embling  |   January 24, 2014
telecomasia.net
Australia's Telstra and Telkom Indonesia have teamed up to provide network applications and services (NAS) in the Indonesian market.
 
The two operators plan to incorporate a new joint venture in Indonesia targeting companies operating in or connecting with Indonesia.
 
The proposed JV will act as the exclusive NAS provider in Indonesia for both Telekom Indonesia and Telstra.
 
It will provide managed network and security services as well as cloud and unified communications services to enterprise customers in the region.
 
Telstra is relying on an Asian expansion and NAS to ensure continued growth amid maturing telecom service revenues at home.
 
The company has been busy divesting assets that do not fit in with its new strategy, including this month's sale of a 70% stake in directories division Sensis to a private equity company for A$454 million ($397.9 million), and last month's sell-off of Hong Kong mobile unit CSL to HKT for $2.425 billion. 
 
Telstra group executive for global enterprise and services Brendon Riley said partnering with Telkom Indonesia will allow the company to more quickly gain a foothold in the market. “Indonesia is a fast growing NAS market and we believe the best way to make in-roads is by partnering with a well recognised and respected local player,” he said.
 
Riley said Telstra plans to operate both Telstra entities and local joint ventures in Asia as part of its expansion plans for the region.
Dylan Bushell-Embling

 

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