State-owned telecommunications operator PT Telekomunikasi Indonesia (Telkom) will put more emphasis on expanding its broadband networks this year to keep its 2014 growth at least within the industry average.
Telkom financial director Honesti Basyir said on Friday that Telkom was aiming for 6-7 percent growth in 2014, in
“Meanwhile, we expect Telkomsel’s growth to decline slightly to roughly 8 percent in line with industry trends,” he added.
Telkomsel accounted for Rp 60 trillion (US$5.24 billion), or 72.3 percent, to Telkom’s total revenue of nearly Rp 83 trillion in 2013. Telkomsel has seen its revenue rise by 10.1 percent year-on-year, exceeding Telkom’s 7.5 percent annual increase.
Telkomsel’s revenue growth also eclipsed the growth of other GSM operators, considering that Indosat grew by 6.4 percent year-on-year to almost Rp 24 trillion while PT XL Axiata barely registered an increase with its Rp 21.3 trillion.
Honesti added that Telkom aimed to reach its revenue target by boosting overall broadband growth by “double digits” this year, through improving both its fixed and mobile broadband network infrastructure.
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