Indonesia’s state-owned telecommunications company PT Telkom Iand a consortium of Intertel Astratel have agreed to terminate their 11-year profit-sharing contract.

Indonesia’s state-owned telecommunications company PT Telkom I and a consortium of Intertel Astratel have agreed to terminate their 11-year profit-sharing contract. Telkom and Intertel Astratel built 125,000 line units of fixed telephones in Jakarta and surrounding areas at a total cost of $32.8 million.