A possible rice deal with the Philippines; developments in gas sales; and landowner issues. Your weekly digest of the latest business news.
In brief: Possible rice agreement with the Philippines, and other business stories
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Kumul Telikom urgently looking to build undersea cable to Sydney, says Chairman
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Mahesh Patel, the chairman of Kumul Telikom, told the Business Advantage Papua New Guinea Investment Conference that the newly formed entity is urgently looking to build an undersea cable to Sydney. He said the aim is to reduce wholesale price by two-thirds
Kumul Telikom rolling out 4G network across Papua New Guinea, says Chairman
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Kumul Telikom Chairman Mahesh Patel says the Papua New Guinea telco is close to rolling out its 4G services. He tells ‘Business Advantage Boardroom’, which aired on national broadcaster EMTV, that the merger of bmobile, DataCo and Telikom PNG is necessary to make the state- owned enterprise efficient and manage the technological challenges.
Merger of Telikom PNG, PNG DataCo and bmobile may lead to lower costs, say analysts
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IT analysts and industry insiders tell Business Advantage PNG that the Papua New Guinea Government’s decision to merge bmobile and PNG DataCo under a Telikom PNG renamed Kumul Telikom is likely to increase competition and innovation. But the move will not be without challenges.
Lower prices the ‘bottom line’ with Kumul Telikom reforms, says Chairman
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A major reform will see all Papua New Guinea’s state-owned telecommunications companies grouped under a single board for the first time. The Chairman of the new-look Kumul Telikom, Mahesh Patel, speaks exclusively to Business Advantage PNG about his board’s priorities for increased competition and ‘slashed’ internet prices.
In brief: Merger of Telikom, bmobile and DataCo under Telikom, and other business stories
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Government plans to merge Telikom, bmobile and DataCo, Highlands Pacific Chairman says PanAust’s resignation requests amount to a takeover, and PNG LNG reports 25% increase in LNG. Your weekly digest of the latest business news.
In brief: Agriculture Minister says Papua New Guinea must reinvest in sector, and other business stories
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Agriculture Minister says annual investment in agriculture is just K150 million a year, call for mining sector style tax incentives for agriculture, and Leaders’ summit critically important, says O’Neill. Your weekly digest of the latest business news.
In brief: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories
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Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.
Telikom CEO predicts 100% Papua New Guinea telco coverage within 2 years
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The CEO of Telikom PNG predicts all Papua New Guinea will be able to connect to the Internet within two years. In a wide-ranging review of PNG’s telecommunications industry, Michael Donnelly canvasses lower prices, new investment, takeovers and the impact of competition policy.
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