Indosat Ooredoo Hutchison is considering options for its fiber assets including a stake sale, according to people familiar with the matter, as digital infrastructure assets in Southeast Asia continue to draw interest from global investors.
The Jakarta-based company is conducting a strategic review for its fiber business, the people said, asking not to be identified because the matter is private. A transaction could value the assets at more than $1 billion, with other companies in the industry and investment funds potentially interested, the people said.
Considerations are preliminary and Indosat Ooredoo Hutchison could still decide against pursuing a deal, the people said. A representative for Indosat declined to comment.
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