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Indosat Ooredoo completes business merger

05 January 2022 10:10

JAKARTA - PT Indosat Tbk (ISAT) announced the completion of the merger between PT Indosat Tbk and PT Hutchison 3 Indonesia after receiving all required legal and shareholder approvals. The company is now named Indosat Ooredoo Hutchison.

Vikram Sinha, who previously served as Chief Operating Officer (COO) of Indosat Ooredoo, will lead Indosat Ooredoo Hutchison as Chief Executive Officer (CEO). Simultaneously, Nicky Lee has also been appointed as Chief Financial Officer (CFO) for Indosat Ooredoo Hutchison.

With the Company's greater scale, financial strength and expertise, as well as superior network ownership, talent and strategic partnerships, Indosat Ooredoo Hutchison will become an important telecommunications player in driving Indonesia's digital transformation agenda. The company will continue to focus on its core mission of providing a world-class digital experience and connecting and empowering all Indonesians.

This merger has no impact on Indosat Ooredoo Hutchison's customers, who will continue to receive outstanding services and offers without interruption. To mark the Company's first official day and as a sign of the Company's gratitude for customer loyalty, Indosat Ooredoo Hutchison offers free calls for a month for fellow Indosat Ooredoo Hutchison users up to 200 minutes a day. (LM)

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