Bakrie Telecom to expand coverage to 17 cities

16 Jun 2006

According to reports in The Jakarta Post, Indonesian CDMA fixed wireless operator Bakrie Telecom has announced plans to expand its coverage to 15 cities in Banten and West Java next month, in a bid to claim a larger slice of the country’s telecoms market. The publicly listed company currently provides coverage to only two cities – Jakarta and Bandung – under the brand name Esia, but it hopes the expansion will increase its subscriber base to around 1.3 million by the end of 2006, up from about a million at present.

Bakrie Telecom corporate services director Rakhmat Junaidi confirmed his company was looking to expand to provide a nationwide service and was in talks with PT Indosat about a possible infrastructure sharing deal. The company, which is owned by Bakrie & Brothers, is awaiting the results of a feasibility study on the plan before deciding where it will expand next. Bakrie Telecom posted revenues of USD25.6 million in 2005, up 50.7% on the previous year.