Qatar Telecom bid for Indosat wedged (Jakarta)Qatar Telecom’s bid for control of Indosat appeared to come on end after the Indonesian government barred the group from owning more than 49 per cent of the country’s second-biggest mobile phone operator.
Qatar Telecom last month paid $1.8billion to quadruple its stake in Indosat to 40.8 per cent, buying out its investment partner, Singapore’s Temasek.
