TEXT-S&P PT Bakrie Telecom Tbk. 'CCC+' ratings placed on watch dev

We do not expect a proposed strategic tie-up between BTEL and PT Sampoerna
Telekomunikasi Indonesia (STI; unrated) to materially improve BTEL's
competitive position in the next 12 months. This is because STI is a very
small player in the Indonesian telecom market. BTEL plans to acquire 35% stake
in STI through an equity swap and to integrate the operations under the BTEL
management.

online office program voip puerto rico interactive design chicago