According to local reports, Telkom Indonesia is looking to move into 10 foreign markets by the end of the year, and Spark Telecom is its next target.
A Telkom representative said it could not confirm the name of the company due to an NDA with the operator, but market watchers have speculated that Spark – which holds a 36% market share in New Zealand – is a likely choice.
Telkom Indonesia recently acquired a 75% stake in Contact Centers Australia (CCA) for $9.7 million, and in August, revealed plans to invest in Silicon Valley in the US.