iWorld
Vikram Sinha to lead Indonesia’s telecom major Indosat Ooredoo Hutchison
Mumbai: Indian origin executive Vikram Sinha has been appointed as chief executive officer of telecommunications company PT Indosat Ooredoo Hutchison Tbk (Indosat Ooredoo Hutchison). The newly formed entity is Indonesia’s second-largest telco company.
PT Indosat Ooredoo Hutchison Tbk was formed following the completion of the proposed merger of Indonesia’s two leading telecommunications businesses, PT Indosat Tbk (Indosat Ooredoo) and PT Hutchison 3 Indonesia (H3I), after receiving all required shareholder and regulatory approvals. The merger was completed on 4 January.
Sinha was previously associated with Indosat Ooredoo as chief operating officer and director since 2019. He is a telecommunications industry veteran who has spent a decade with Bharti Airtel in India and Africa, before moving to the Ooredoo Group. At Ooredoo Group, he was posted in the Maldives in 2017 and later in Myanmar in 2018.
“We are pleased to combine two of Indonesia’s leading telecoms brands to create a stronger number two player in Indonesia, backed by two highly committed partners in Ooredoo Group and CK Hutchison. Indosat Ooredoo Hutchison is well placed to achieve exciting long-term growth under the leadership of Vikram and his experienced management team with a proven track record in Indonesia,” said Ooredoo Group managing director Aziz Aluthman Fakhroo.
“I have every confidence that this merger will be highly accretive for all stakeholders involved, including customers, shareholders, and for Indonesia,” said CK Hutchison Holdings group co-managing director Caning Fok. “Indosat Ooredoo Hutchison is now a stronger, world-class digital telecoms and internet company with critical mass, well-positioned to build an even more powerful network that can benefit Indonesia’s development and customers, who will receive improved services and an even broader product offering that would not have otherwise been possible.”
iWorld
Zeel to invest up to Rs 116 crore in PhantomFX for AVGC push
Strategic deal targets VFX, animation and gaming to scale global IP play.
MUMBAI: Lights, camera… and now a lot more action behind the scenes Zee Entertainment Enterprises Ltd. is doubling down on the magic that happens after the shoot, betting big on visual effects and animation to power its next growth chapter. The company has approved a strategic investment of up to Rs 116 crore in Phantom Digital Effects Ltd., marking a decisive push into the fast-growing Animation, Visual Effects, Gaming and Comics (AVGC) segment. The investment will be made through compulsorily convertible debentures in one or more tranches, subject to shareholder approvals.
The move signals a clear shift in Zeel’s playbook from just telling stories to engineering how they look, feel and travel across platforms. With PhantomFX’s global footprint spanning key markets such as the US and UK, the partnership is expected to significantly enhance ZEEL’s ability to create high-impact, visually rich content across OTT originals, animation, gaming and mythology-led formats.
At the heart of the collaboration lies a blend of storytelling muscle and technological precision. Zeel plans to tap into PhantomFX’s AI-integrated production workflows, proprietary pipelines and post-production expertise to improve efficiency and scale across projects. The two companies will also jointly develop original intellectual properties for OTT, gaming and licensing, expanding monetisation avenues beyond traditional formats.
The partnership is structured as non-exclusive, allowing PhantomFX to retain operational independence while continuing to serve its global clientele. For Zeel, however, the alliance offers a steady pipeline of creative and technical capabilities, enabling it to strengthen its omni-channel strategy and build globally relevant content assets.
PhantomFX brings with it an impressive pedigree. Its network includes award-winning studios such as Tippett Studio known for Academy Award-winning work on Jurassic Park and Star Wars: Episode VI – Return of the Jedi and Milk Visual Effects, which has bagged both an Oscar and a BAFTA for Ex Machina.
The investment comes at a time when the AVGC space is rapidly expanding, driven by demand for immersive, effects-heavy storytelling and cross-platform content experiences. For Zeel, this isn’t just a deal, it’s a visual upgrade to its global ambitions, where pixels, pipelines and IP could define the next blockbuster moment.
