Jul 14, 2010

Telkomsel 1H subscribers reach 88 mio

Indonesia's largest cellular operator PT Telekomunikasi Selular (Telkomsel), subsidiary of PT Telekomunikasi Indonesia Tbk (Telkom), announces total subscribers of 88 million in the first half this year (1H 2010).
Telkomsel expects the subscribers may balloon to 100 million at the end of 2010. "Revenue in 1H 2010 is estimated to grow single digit and we expect to reach 10% growth at the end of this year," said Telkomsel President Director Sarwoto Atmosutarno said today. 

Disclosure: No position at the stock mentioned above.

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