{"id":987627,"date":"2026-01-26T08:31:02","date_gmt":"2026-01-26T03:01:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=987627"},"modified":"2026-01-26T08:53:58","modified_gmt":"2026-01-26T03:23:58","slug":"grab-goto-deal-hits-snag-caused-by-state-backed-holders-stake","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/26\/grab-goto-deal-hits-snag-caused-by-state-backed-holders-stake\/","title":{"rendered":"Grab-GoTo deal hits snag caused by state-backed holder\u2019s stake"},"content":{"rendered":"<p>Grab Holdings&#8217; planned multibillion-dollar acquisition of GoTo Group has hit a stumbling block. <\/p>\n<p>Negotiations over the deal have snagged over Indonesian wireless carrier Telkomsel\u2019s roughly 2% stake in GoTo, people familiar with the matter said. <\/p>\n<p>The carrier \u2014 majority-owned by state-controlled PT Telkom Indonesia \u2014 has indicated it\u2019s unwilling to sell at anywhere near current valuations because it originally invested at a much higher price, the people said. Telkomsel has expressed its concerns about losses linked to state capital \u2014 something that\u2019s punishable by Indonesian law, said the people, who asked not to be identified because the discussions are private.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grab Holdings&#8217; planned multibillion-dollar acquisition of GoTo Group has hit a stumbling block. Negotiations over the deal have snagged over Indonesian wireless carrier Telkomsel\u2019s roughly 2% stake in GoTo, people familiar with the matter said. The carrier \u2014 majority-owned by state-controlled PT Telkom Indonesia \u2014 has indicated it\u2019s unwilling to sell at anywhere near current valuations because it originally invested at a much higher price, the people said. Telkomsel has expressed its concerns about losses linked to state capital \u2014 something that\u2019s punishable by Indonesian law, said the people, who asked not to be identified because the discussions are private.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-987627","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/987627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=987627"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/987627\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=987627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=987627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=987627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}