Bakrie to spend USD222 million on network expansion

9 Feb 2007

Indonesian wireless in the local loop (WiLL) provider Bakrie Telecom plans to invest USD222 million on network expansion projects in 2007, and is looking to double the number of Base Transceiver Stations (BTS) from 400 to 800. ‘The money will be raised from financial institutions and internal sources,’ said the company’s president director, Anindya N. Bakrie. Bakrie aims to expand coverage of its Esia brand service to a further 17 cities during the year, including Surabaya, Medan, Semarang and Yogyakarta. It hopes to increase its subscriber base to 3.6 million users by the end of the year, up from 1.5 million in December 2006. It already provides coverage in 15 areas in Jakarta, West Java and Banten, and claims an 18% share of the market in the areas in which it is active.

Indonesia, Bakrie Telecom (BTel)