Indosat to invest USD700 million in network expansion

19 Oct 2004

Indosat has pledged to spend USD700 million in developing its mobile network during 2005. The company said it will expand its infrastructure outside the island of Java, extending its coverage across the archipelago. Indosat currently has around 9.1 million mobile customers; it hopes to raise this figure to between 3.5 million and 4 million by the end of 2005.