JAKARTA: PT Indosat, currently participating in a tender for a 3G frequency license, may invest more than Rp 2 trillion (US$215 million) -- mostly for infrastructure to support the technology -- should it win the tender.
This figure does not form part of the company's capital spending of $670 million in 2006, Indosat president Hasnul Suhaimi said Monday.
The company expects the investment, should it materialize, to begin bringing in returns over the next three years.
Indosat, PT Telkomsel, PT Bakrie Telecom, PT Excelcomindo and PT Telkom are competing for three blocks of 3G frequency licenses that the government is currently offering through a tender -- the winner of which will be announced Feb. 14.
The government has set an initial bid price of Rp 200 billion per block, with each block containing two 5 MHz frequency bands. Indosat has submitted a bid for one block
Source:
The Jakarta Post
February 07, 2006
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