The increase reflected the positive growth of the company`s business amid the increasingly tougher competition among telecommunication operators, Telkom President Director Rinaldi Firmansyah said.Jakarta (ANTARA News) - State telecommunications operator PT Telekomunikasi Indonesia Tbk (Telkom) said its income rose by 3.8 percent to Rp 71.3 trillion last year from Rp 68.3 trillion one year previously.
The increase reflected the positive growth of the company`s business amid the increasingly tougher competition among telecommunication operators, Telkom President Director Rinaldi Firmansyah said in a press statement released on March 30.
Despite the performance, the company saw its net profit falling to Rp 10.965 trillion in 2011 from Rp 11.537 trillion the year before, the statement said.
As of December 31, 2011, the company`s EBITDA (Earning Before Interests, Taxes, Depreciation and Amortization) ratio, without the extra expenses of Rp 1.57 trillion, reached Rp 37.35 trillion, up by 1.40 percent from one year earlier.
Firmansyah said the income was chiefly fueled by cellular services, which grew by 6.90 percent to Rp 48.73 trillion from Rp 45.57 trillion.
By the end of 2011, the number of cellular phone subscribers rose by 13.8 percent to 107 million from one year earlier.
The increase was also driven by income from data, internet and information technology services, which jumped 20.80 percent to Rp 23.92 trillion from Rp 19.80 trillion.
He said the tight competition prompted the company to invent new segments of services such as Internet Protocol Television (IPTV) under the Groovia TV brand and a remittance service under the Delima brand.
Overall, the number of Telkom subscribers last year reached 129.86 million, a 7.8 percent increase compared with 120.47 million in 2010.
Nearly 107.02 million of the 129.86 subscribers were cellular subscribers, 8.6 million were wire line subscribers, and 14.24 million were fixed wireless telephone services. (*)
Editor: Heru Purwanto
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