Volatile foreign exchange rates across Africa are currently hamstringing operators, with notable names such as MTN and Airtel revealing how badly their coffers were hit in recent financial results.
Telecom services revenue in Indonesia is predicted to grow at a Compound Annual Growth Rate (CAGR) of 3.7% between 2024 and 2029, a trend underpinned by the increasing adoption of mobile data and fibre connectivity.
Indosat Ooredoo Hutchison has signed an investment agreement with a consortium comprising Arsari Group and Northstar Group to form a new joint venture focused on fibre digital infrastructure in Indonesia.