Ooredoo and CK Hutchison merge Indonesian operations

Indosat Ooredoo and H3i are merging to form an Indonesian mega-operator valued at $6 billion.
Parent companies Ooredoo Group and CK Hutchison Holdings say their respective businesses are ‘highly complementary’, which stands to reason as they’re both Indonesian operators. Inevitably they think its great news for shareholders, punters and the country. They seem to think Indonesian regulators will be relaxed about the merger of the third and fourth placed players in the market as