Indonesia's Telkom eyes acquisitions in SE Asia

JAKARTA, INDONESIA: PT Telekomunikasi Indonesia, Indonesia's biggest phone firm, said on Thursday it is looking at acquisition opportunities in Southeast Asia.

"Telkom is looking for acquisition opportunities in Southeast Asia, including mobile phone providers as our market is starting to mature," said CEO Rinaldi Firmansyah.

"We need a new market but we will not go to Africa.. It's too far...But in Asia we're open for any acquisition possibilities," he said on the sidelines of a conference.