Newcomer Smart prepares for September launch

9 Aug 2007

Indonesian mobile start-up Smart Telecom plans to launch commercial operations in September, reports Thomson Financial citing local news portal Bisnis Indonesia, with the ambitious aim of signing up 1.4 million users by the end of the year. The country was home to more than 71 million mobile users at the end of March this year, says TeleGeography’s GlobalComms database, but with mobile penetration of less than 30% at the same date, Smart Telecom sees great potential to be had from the burgeoning wireless market. Smart Telecom director Ulbaidillah Fatah is quoted as saying the company will provide a CDMA-based cellular service in six cities on Indonesia’s most populous island, Java. The start-up, which is jointly owned by PT Inti, PT Global Nusa, PT Mobilindo Telkom and PT Wireless Indonesia of Sinarmas Group, has allocated CAPEX of between IDR2-IDR3 trillion (USD216-USD325 million) to get the service off the ground.

Indonesia, Smart Telecom (Smartfren)