Indonesia's IOH spins off fiber assets into new JV with Arsari Group for $652M

Type: Partnership · Technology: Telecom · Country: Indonesia · Value: $652M · Announced: 2026-07-07

Indonesia's IOH finalized a $652 million joint venture deal by spinning off its fiber assets into a new partnership with Arsari Group. The transaction aims to unlock capital for IOH's expansion while leveraging Arsari Group's strategic resources for fiber network development. This partnership marks a material step in Indonesia's digital infrastructure growth, targeting enhanced broadband connectivity across the archipelago. The joint venture will focus on deploying fiber-optic infrastructure to support 5G and future 6G network rollouts. Financial advisors and legal teams from both parties structured the deal to ensure regulatory compliance and operational synergies.

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