Jakarta (ANTARA News/Asia Pulse) - PT Telekomunikasi Indonesia Internasional (TII), a subsidiary of state telecommunications operator PT Telkom Tbk, has bought a 6.8 per cent stake in Scicom Technologies Pvt Ltd (KLSE:0099) through the Kuala Lumpur Stock Exchange (KLSE).
"The acquisition is in line with Telkom's goal of developing unorganic businesses and strengthening corporate businesses," Telkom Corporate Secretary Harsya Denny Suryo said on Friday.
Scicom is a provider of outsourcing services in product development, software support and maintenance, project services and technology consulting for scientific, engineering and enterprise data integration application areas.
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