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 Tuesday, March 18, 2008

Indonesian fixed wireless service provider Bakrie Telecom ended 2007 with 3.82 million subscribers, up 147% from 1.55 million a year earlier, reports Antara News. The gains helped drive a 112% rise in revenue to IDR1.29 trillion (USD140.7 million), up from IDR607.07 billion the previous year. Net income soared 98% from IDR71.7 billion to IDR144.3 billion as Bakrie expanded its network service to 17 more cities, bringing the number of cities it covers to 34. It hopes to have signed up 14 million customers by 2011 and plans to deploy a further 1,000 base transceiver stations this year alone. The operator has set aside 63% of this year’s allocated CAPEX of USD232 million on network expansion and says it will spend approximately USD600 million until 2010 on improving its networks and services.

Source: TeleGeography.