Telkom Indonesia Spins Off Fiber Business to InfraNexia in Rp85.7 Trillion Deal
Telkom Indonesia has moved more than 90% of its network infrastructure assets into PT Telkom Infrastruktur Indonesia, known as InfraNexia, as the state-controlled telecom group restructures its wholesale fiber business and opens more of its network to external industry customers. The company said independent shareholders approved the second phase of the spin-off at an extraordinary…