Indonesia Telkom Expects 3M New CDMA Subscribers In 2006

JAKARTA -(Dow Jones)- PT Telekomunikasi Indonesia expects to add three million new subscribers to its Flexi mobile-phone service this year amid efforts aimed at having the CDMA unit contribute a larger portion of the company's consolidated operating revenue.

"By the end of this year, we expect the total number of our Flexi subscribers to increase to around seven million," Telkom's spokesman, Muhammad Awaluddin, told reporters.

He expects revenue from Flexi, which currently contributes only 3% of Telkom's total consolidated revenue, will increase by the end of this year.

The company didn't elaborate on how it plans to add subscribers.

Telkom also owns 65% of Indonesia largest cellular company PT Telkomsel, which uses GSM technology and has around 22 million cellular subscribers.

In the first three months of this year, Telkom posted total operating revenue of IDR11.82 trillion, up 26% from the year-earlier period. During the period, revenue from its cellular unit rose 49% on year to IDR4.51 trillion, contributing 38% to total revenue.

By Jakarta Bureau; Dow Jones Newswires; 62 21 3983 1277 djn.jakarta@dowjones.com

-Edited by Leslie Shaffer

(END) Dow Jones Newswires "

Posted to the site on 2nd May 2006