PARIS — PT Telkom Indonesia, confirming its ambition as a regional satellite-services power, has agreed to purchase 70% of Malaysian VSAT operator TS Global Network Sdn Bhd (TSGN) for $26.4 million pending approval of Malaysian government authorities. The transaction, for 108.5 million Malaysian Ringgit, is one of numerous consolidation scenarios, large and small, that have
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Peter B. de Selding
Peter B. de Selding

Peter de Selding is a Co-Founder and editor for SpaceIntelReport.com. He started SpaceIntelReport in 2017 after 26 years as the Paris Bureau Chief for SpaceNews where he covered the commercial satellite, launch and the international space businesses. He is widely considered the preeminent reporter in the space industry and is a must read for space executives. Follow Peter @pbdes