Oct 24, 2011

Smartfren scouts Rp2 trillion revenue

CDMA-based operator PT Smartfren Telecom Tbk (FREN) is scouting a Rp2 trillion revenue next year, 2 folds from this year of Rp1 trillion.
Smartfren President Director Rodolfo Pantoja said the revenue is expected to rise despite the higher customers of data services.
"ARPU on data services is higher than it is on voice and message services," he said as quoted by Bisnis Indonesia today.
According to him, ARPU on voice is now Rp15,000, while data services provide ARPU of Rp50,000-Rp70,000.

Disclosure: No position at the stock mentioned above.

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