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Lippo internet subsidiaries in legal battle with Indonesian ministry

Unpaid spectrum bills add to problems for cash-strapped conglomerate

Lippo Group, a Chinese-Indonesian conglomerate run by the Riadys family, is facing a string of problems including over its Meikarta township development outside Jakarta.   © Reuters

JAKARTA -- Two internet provider subsidiaries of Lippo Group are locked in a legal battle with Indonesia’s communications ministry over 708 billion rupiah ($48 million) of unpaid bills -- further fueling speculation about the conglomerate’s cash-strapped situation.

First Media and its subsidiary Internux, which had aggressively marketed the Bolt! portable wifi routers in Indonesia over the past several years, failed to pay their bills for using a radio frequency band regulated by the ministry in 2016-17.

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