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flag Telkom Indonesia spins off its fibre business in a $2.16B deal to boost efficiency and support national digital goals.

flag Telkom Indonesia will spin off its wholesale fibre connectivity business to subsidiary Telkom Infrastruktur Indonesia in a $2.16 billion deal, aiming to boost efficiency and focus on core operations. flag The transaction, valued at 35.787 trillion rupiah, is not expected to impact the company’s financial health. flag The move supports Indonesia’s broader digital infrastructure goals and follows recent efforts to streamline operations and attract private investment in key sectors.

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