PT DayaMitra Telekomunikasi intends to list its 20% to 30% stake in the Indonesian Stock Exchange (IDX) in 2013. Honesty Bashir, Finance Director of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, parent of Dayamitra, is optimistic that the initial public offering (IPO) plan will go according to schedule. "The IPO is targeted for completion in the first half of this year," he said.

Currently, the company is selecting financial advisors for the IPO. There are at least three non-financial consulting agencies that will help the IPO. "We expect to complete the selection of financial advisors by the end of this month," he said.