Articles tagged with: Hutchison and Satelindo

Indonesia's Telkomsel surges forward as rivals falter

The Indonesian market has seen phenomenal growth in recent quarters, but in Q1 09 there was a definite cooling off. The previous seven quarters had seen net additions in excess of 7m, with a peak of 14.94m in Q3 08, but in Q1 09 there was a gain of just 4.47m. This was the lowest figure since Q3 06. The total market reached 144.64m with penetration at 56.8%. Although Annual growth was still impressive at 41.0%, despite falling from 48.2% in the prior twelve-month period, but on a quarterly basis the uplift of 3.2% was the lowest for more than ten years.  more

Related Tags: excelcomindo, telkomsel, smart, Indonesia

Indonesia Subscriber Growth Reports Another Record Quarter

The Indonesian market achieved a record figure for quarterly net additions in Q3 08 with an increase of 15.5m, 2m higher than the previous record, which was set in Q2 08. This took the number of connections in Indonesia to 131.64m, with annual growth of 57.1% compared to 47.9% for the prior twelve months.  more

Related Tags: telkomsel, excelcomindo, Indonesia