Telkom Indonesia Buys Guam’s GTA Teleguam
June 8, 2015 – Indonesia’s largest service provider, PT Telkom through one of its international operation arms, Telekomunikasi Indonesia International (Telkom USA), has reached a deal to aquire GTA Teleguam from Japanese private equity firm Advantage Partners.
Once the sale closes, GTA will become part of Telkom’s portfolio of international operations. The acquisition is intended to strengthen Telkom’s portfolio of international operations which include Telin Singapore, Telin Hong-Kong, Telkom Australia, Telkom Taiwan, Telkom USA, Telin Malaysia, Telkom Macau, Telin Timor-Leste and a branch in Myanmar.
Telkom and GTA have had a relationship for more than a year now, stemming from their partnership in the South East Asia United States (SEA-US) submarine cable system.
The two are part of a consortium working to build capacity to meet the growing demand for bandwidth between Southeast Asia and North America. GTA has been able to retain the local management and local Guam culture despite the foreign ownership over the past ten years, added to a statement by Telkom.