Telkom boosts its content providing business

PT TELKOM Tbk steps on the pedal to aggressively play in the content providing business by furnishing Rp500 million for novice developers and introducing the profit sharing scheme through the program Indigo Fellowship. The fund would be allocated among around 100 young entrepreneurs in the digital content industry, both the internet and the cellular based. “The owner of Facebook, for instance, has only little assets but the value of its company is many folds. Telecomm operators such as Telkom has huge assets with just a maximum value double of its assets,” thus said the Director of Enterprise Wholesale Telkom Arief Yahya recently. / Bisnis Indonesia, pg I7