Telco operator Smartfren Telecom (FREN), through its unit PT Smart Telecom (Smartel), purchased 20.5% shares of PT Mora Telematika Indonesia (Moratel) for Rp360 billion. Smartel purchased this shares from PT Candrakarya Multikreasi (CKM) and PT Gema Lintas Benua (GLB). To subscribe please click here