Link Net (LINK) Acquisition Buzz and Strategic Moves by Surge (WIFI)

Link Net (LINK) Acquisition Buzz and Strategic Moves by Surge (WIFI)

Link Net (LINK) shares surged amid speculation of an acquisition by Surge (WIFI) and I Squared Capital. The bidding process is still ongoing.

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Sabtu, 23 Agustus 2025 | 10:47

Bisnis.com, JAKARTA- Shares of PT Link Net Tbk. (LINK) closed at IDR 3,090 on Thursday (21/8), marking a 9.96 percent gain. The stock has more than doubled year-to-date since the beginning of 2025.

The rally comes despite the company’s continued losses, with speculation of a potential acquisition seen as the main catalyst. Market chatter suggests several firms have shown interest in acquiring the telecommunications infrastructure provider.

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