“ … 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.)

Saturday, December 13, 2008

Indonesia's Excelcom borrows $214 mln to expand network

Fri Dec 12, 2008 5:20am EST  

JAKARTA, Dec 12 (Reuters) - Indonesia's third-largest mobile phone operator, PT Excelcomindo Pratama Tbk (EXCL.JK: Quote, Profile, Research, Stock Buzz), said on Friday it has borrowed $214 million from Dutch bank ABN AMRO and Standard Chartered (STAN.L: Quote, Profile, Research, Stock Buzz)(2888.HK: Quote, Profile, Research, Stock Buzz) for capital expenditure.

 The firm, majority owned by Telecom Malaysia (TLMM.KL: Quote, Profile, Research, Stock Buzz), said the $214 million facility would be used to buy goods from Swedish telecom equipment maker Ericsson (ERICb.ST: Quote, Profile, Research, Stock Buzz). 

Excelcom has already revised up its capital expenditure for 2008 to $1.25 billion from an earlier figure of $1 billion. The money is earmarked for network upgrades as the number of subscribers increases. 

Analysts have predicted that the number of mobile phone subscribers in Indonesia would soar to 120 million by the end of 2008, from some 90 million last year. 

However, Hasnul Suhaimi, Excelcom's president director, warned last month that the firm may miss its subscriber target this year because of the economic slowdown. 

Telecom Malaysia controls 83.79 percent of Excelcom while Emirates Telecommunications Corp ETEL.AD holds a 15.97 percent stake in the Indonesian company. 

(Reporting by Andreas Ismar; Editing by Sara Webb)

No comments: