Indonesia sees Telkom-Bakrie CDMA deal by end 2010

Indonesia's government expects a deal to merge the CDMA operations of PT Telekomunikasi Indonesia (TLKM) and PT Bakrie Telecom (BTEL) to be finalised by the end of the year, said state-owned enterprises Mustafa Abubakar on Thursday.

Abubakar said in June that the deal, which would create an entity with more than 90 percent of the CDMA market, would be done within two months. Source: Reuters