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Related company : TELEKOMUNIKASI SELULAR

Related company : TELEKOMUNIKASI SELULAR

Tone : Neutral

Tone : Neutral

 

Telkomsel invests US$40 million in startups

Summary
The Jakarta Post, May 14, 2019
PT Telekomunikasi Selular (Telkomsel), a cellular operator subsidiary of state-owned communications company PT Telkom Indonesia Tbk, announced on Monday a US$40 million investment to develop the digital economy ecosystem. The funds were invested in collaboration with Telkom's MDI Ventures and Singtel Innov8, the corporate venture capital (CVC) arm of Singtel. The statement said the initiative would involve a 100 percent owned subsidiary called Telkomsel Mitra Inovasi (TMI) that would be responsible for investments along with synergy and collaboration between Telkomsel's various business units.
 
 

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