Telin and Indosat Ooredoo Hutchison Partner to Develop the Indonesia Cable System Express 2 (ICE System 2) [Yahoo! Finance]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: Yahoo! Finance
Hutchison (IOH) have officially announced strategic partnership to develop Indonesia's telecommunications infrastructure through the development of the Indonesia Cable Express System 2 (ICE System 2). This collaboration, formalized through a Memorandum of Understanding (MOU) signed on August 28, 2024 , marks a significant step towards fulfilling the increasing demand for high-quality, efficient connectivity across key regions in Indonesia and beyond. The ICE System 2 is designed to address the growing needs for connectivity at various Landing Points spread around Indonesia , including Jakarta Surabaya Balikpapan , Makassar, and Manado, while also providing crucial links into Singapore . This system aims to advancing Indonesia's telecommunication network in significantly and set to enhance connectivity quality and efficiency at those crucial locations. Through this partnership, will also see the expansion of infrastructure through an extension that seamlessly connects the Points of
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