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Friday, February 11, 2011

Temasek pays $1.7 mln Indonesia telecom fine

AFPSingapore state investment firm Temasek Holdings said it had paid a 15 billion rupiah ($1.7 million) fine imposed for breaching anti-competition laws in Indonesia's telecoms sector.In Friday's statement, Temasek confirmed paying the fine imposed by Indonesia's Business Competition Supervisory Commission, or KPPU.The commission ruled in November 2007 that Temasek was guilty of anti-competitive