Sign up | Log in



Home  >>  Daily News  >>  Indonesia News  >>  Telecoms   >>  Indonesia telecom giant reports $1.24bn in profit

11 April 2010

Indonesia telecom giant reports $1.24bn in profit

Related Stories

January 23, 2010
Indonesia’s Telkom plans more than $107m in acquisitions

December 12, 2009
Indonesia upbeat over mobile marketing prospects

Indonesian state telecommunications firm PT Telekomunikasi Indonesia (Telkom) booked 11.332 trillion rupiah ($1.24 billion) in net profit, in 2009 an increase of 6.7 percent from 10.619 trillion rupiah in 2008.

“The achievement was supported by a 25 percent increase in subscribers to 81.6 million in 2009,” Telkom president director Rinaldi Firmansyah said in a press release published Thursday.

He said the net profit was contributed by overall revenue increasing by 6.4 percent to 64.597 trillion rupiah from 60.7 trillion rupiah in 2008.

“The good performance of Telkom will make the company stronger this year and this will strengthen growth making it more sustainable and profitable,” Rinaldi said.

This year Telkom allocates $2.2 billion to capital expenditure of which 70 percent is contributed by Telkom’s subsidiary Telkomsel, which is also the biggest contributor to overall revenue.


Comment on this Article. Send them to
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 





1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand