“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Tuesday, November 25, 2008

Telkom to raise $756 million loan for expansion

The Jakarta Post, Wed, 11/26/2008 1:34 AM  

PT Telekomunikasi Indonesia (Telkom) plans to borrow Rp 9 trillion ($756 million) from local banks to help fund expansion next year and fend off rivals. 

"We want to keep growing during the crisis", Telkom President Director Rinaldi Firmansyah told reporters in Jakarta on Tuesday. The company needed to boost spending to maintain market share, he said. 

Telkom, Indonesia's biggest company by market value and Southeast Asia's second-largest phone company, may seek loans from banks including PT Bank Mandiri, PT Bank Negara Indonesia (BNI)  and PT Bank Rakyat Indonesia (BRI) to cover as much as 40 percent of its spending plan totaling 22.5 trillion rupiah, Rinaldi said. 

According to Bloomberg, the company is spending about 13.5 trillion rupiah to expand its wireless unit PT Telekomunikasi Selular after posting its lowest quarterly profit in two years amid the global financial crisis. 

Its net income fell 18 percent between July and September this year due to intensifying competition and reduced tariffs from rivals including Saudi Telecom Co. and Li Ka-shing's Hutchison Telecommunications International Ltd. 

Rinaldi said the company was considering expanding into Iran, which they consider a good potential market as growth slows at home. 


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