Indosat Ooredoo Hutchison, Arsari Group and Northstar Group to form a joint venture.

Indosat Ooredoo Hutchison, a telecommunications company, Arsari Group, a diversified industrial holding company, and Northstar Group, a financial services company, agreed to form a joint venture to create an independent fiber infrastructure platform in Indonesia. Financial terms are not disclosed. “Through a more agile and asset-light approach, the partnership with Arsari Group and Northstar Group allows us to build a stronger and more independent fiber platform that unlocks value, enhances resilience, and prepares networks for future digital services. It supports Indosat’s transformation into a leading AI-driven company, while contributing to the broader industry progress in delivering high-quality digital experiences nationwide," Vikram Sinha, Indosat Ooredoo Hutchison President, Director and CEO.