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PT Telkom Indonesia is reviving plans to sell a majority stake in its data center business, NeutraDC, seeking a valuation of $1 billion to $1.5 billion. The company is working with financial advisers on this potential sale, but deliberations are ongoing with no certainty of an agreement.

Previously, in 2022, Telkom Indonesia had considered bringing in investors for a minority stake. The company's shares have risen approximately 30% over the last year, leading to a market value of $20.3 billion.