Asia Connect
Ooredoo, CK Hutchison agree on US$6 billion telecoms merger
Combination will create second largest mobile telecoms company in Indonesia
The Asset
17 Sep 2021
Qatar-based Ooredoo QPSC and Hong Kong’s multinational conglomerate CK Hutchison Holdings have agreed to merge their telecommunications businesses in Indonesia, PT Indosat ( Indosat Ooredoo ) and PT Hutchison 3 Indonesia ( H3I ), in a US$6 billion deal, the two companies announced on September 16.
