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Huawei has arranged to acquire a 16.83% stake in Indonesian operator Bakrie Telecom by converting some of the operator’s debt into shares. Debt-laden Bakrie Telecom issued a 7.6 trillion rupiah ($568.1 million) mandatory convertible bond in 2016 as part of a…
Huawei is reportedly set to acquire a 9% stake in struggling Indonesian CDMA operator Bakrie Telecom as part of a debt repayment procedure. Bakrie Telecom secured shareholder approval to issue convertible bonds worth 56% of shares in the company, that will…
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