KT Corporation, South Korea’s oldest and largest telecommunications company, has been in dispute with PT Bhakti Investama Tbk (currently known as PT MNC Investama Tbk – BHIT) and PT Global Mediacom Tbk (BMTR) for over a decade. The parties fight each other through several legal channels. In Indonesia, the latest decision was given by the Supreme Court in 2019. KT Corporation lost. Maybe the decision is the reason KT Corporation tried a different legal channel. Last week, the conglomerate filed to declare BMTR bankrupt.
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