Indonesia’s biggest mobile telephone operator Telkomsel plans to seek a minimum of US$750 million to help finance its capital expenditure this year, which is expected to range from $1.5 billion to $1.7 billion.

“The majority of the financing will be in the form of bank loans,” Telkomsel’s parent company PT Telekomunikasi Indonesia (Telkom) president director Rinaldi Firmansyah told reporters Friday.

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