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Business Unit

Indosat Ooredoo Hutchison - the US$6 billion merger creates the second-biggest telecom operator in Indonesia

Indosat Ooredoo and PT Hutchison 3 Indonesia have agreed to merge their complementary Indonesian businesses with a total transaction value of US$6 billion. The merged company will be the archipelago nation’s second-biggest and world-class telecom and Internet giant with over US$3 billion in revenues. Indosat Ooredoo Hutchison will have the financial and customer scale to invest even more into its network and deliver more value to customers and shareholders in Indonesia.

Canning Fok, Group Co-Managing Director of CK Hutchison, said: “With greater scale, expanded spectrum, and a more efficient cost structure, Indosat Ooredoo Hutchison will be better positioned to extend the rollout of its network and enhance service quality and speed.” Aziz Aluthman Fakhroo, Managing Director of Ooredoo Group, concluded: “This merged company will deliver significant value and benefits for all stakeholders including Indosat Ooredoo and Ooredoo Group shareholders, customers, employees and Indonesia.”

The combined company will be able to leverage the experience and expertise of CK Hutchison and Ooredoo Group in 5G and traditional networks, technologies, products and services to drive accelerated innovation across Indonesia’s digital economy. Both parties expressed gratitude for the sound policy environment that regulators and the Indonesian government have created for the telecom industry. 
News Bites

3 Ireland’s Green Team commits to reducing carbon emissions

3 Ireland has joined 60 other domestic and international firms to help the country reach its goal of becoming a net zero carbon state by 2050. The operator has committed to record its direct and indirect emissions, reduce direct emissions, work to minimise supply chain emissions, and to report on its progress in a formal annual report. 3 Ireland formed the Green Team, an internal, cross-department team, to work on these commitments as well as a variety of other initiatives that promote sustainability awareness and action across the company. The Emerald Isle is getting a green boost from 3 Ireland’s passionate Green Team!

Wind Tre brings super-fast Internet to the nation

The Wind Tre connectivity juggernaut rolls on, bringing super-fast Internet to Modena, Imperia, Tuscany, Lazio, Frosinone, Lombardy, Nuoro and Sardinia. Fiber-to-the-Home and ‘Super Fibra’ services bring unlimited Internet access at 1 GB speeds to homes and businesses, delivering much-needed connection during the COVID-19 work-from-home and home study period.


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