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In 50 Words: Telkom considers selling Finnet share, potentially raising $150m
Indonesia’s telco firm Telkom is contemplating selling a share in its fintech unit, Finnet, potentially valuing it between US$100 million and US$150 million. The move would invite a new investor to aid in raising funds for Finnet’s growth. Details remain uncertain, and Telkom may decide not to proceed.
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