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Wireless Federation » Qtel permitted to acquire 49% stake in Indosat (Qatar, Japan)

 Qtel permitted to acquire 49% stake in Indosat (Qatar, Japan)

  • July 28th, 2008
  • 1:38 pm

Qatar Telecom (Qtel) will be permitted to acquire no more than 49% stake in Indosat, confirms Indonesia’s Capital Market and Financial Institution Supervisory Board.

The Middle Eastern investor already owns 40.8% of the company, meaning that it may buy no more than an additional 8.2% stake.

   


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