A scheduled collaboration in between Indonesian telecommunication company PT Indosat and PT Hutchison 3 Indonesia, likewise known as Tri, is expected to produce a stronger company amidst strong competition amongst suppliers and reinforce the country’s telecom industry as a whole, according to professionals. Qatar-based company Ooredoo Q.P.S.C has participated in an unique and nonbinding memorandum of understanding (MoU) on Monday with Hong Kong-based CK Hutchison Holdings Limited to integrate their respective telecommunications companies in Indonesia, Indosat and Tri. The company stopped short of detailing whether the process would be done through merger or acquisition. “Ooredoo remains in the early stages of examining the merits of such a potential transaction,” the company said in a statement, adding that the exclusivity duration for the MoU stood up until April 30, 2021 …
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