JAKARTA — Indonesian digital infrastructure provider Surge has agreed to an investment by Japan’s Nippon Telegraph and Telephone East as part of a collaboration to expand the Surge group’s residential fiber network customer base by millions of households nationwide.
An NTT East subsidi will buy a 49% stake in Weave — a Surge subsidi formally known as Integrasi Jaringan Ekosistem — the Japanese telecom said on Friday. The value of the investment has not been disclosed.