Together Taking Part In The Dispute of Temasek Vs KPPU

Friday, February 15, 2008

Suddenly there appeared four parties who decided to take part in the dispute between Temasek and KPPU. The four parties requesting for an intervention to the dispute are Venny Zano, a shareholder of PT Indosat Tbk, PT Telekomunikasi Indonesia (Telkom), a member of Council of Regional Administration (DPD) Marwan Batubara who is also a shareholder of Indosat.
The last one is Muhammad Ridwan, who represents telecommunication consumers. Venny has considered that Temasek is a strategic investor for Indosat. "Indosat will lose a competitive power, especially from its main competitor, namely Telkomsel if Temasek withdraws itself," she said. Meanwhile Marwan agreed to the decision by KPPU which had ordered Temasek to release its shares in one of cellular operators. On the other hand Ridwan had a different opinion. Claiming that he represented consumers of telecommunication services of cellular operators Simpati, Halo, IMS, Mentari, Matrix, and As, he asked the court to increase the amount of fine. KPPU had fined Temasek Cs for only Rp 250 billion, but Ridwan has claimed for a compensation of Rp 30 trillion. (Koran Kontan, pg 17)

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