Smart Telecom sets aside USD150m for CAPEX in 2008

7 Dec 2007

Indonesia’s newest cellular operator Smart Telecom says it is setting aside USD150 million next year for network expansion, reports Thomson Financial citing local newspaper the Investor Daily. Smart, which launched services in September this year, will focus efforts on deploying new base transceiver stations (BTSs) outside Java, building on its current network of 1,200 BTSs on the island. The newcomer, jointly owned by PT Inti, PT Global Nusa, PT Mobilindo Telkom and Sinarmas Group’s PT Wireless Indonesia, is estimated to have signed up around 140,000 subscribers in its first month of operations; it aims to have 1.4 million subscribers by the end of this year.

Indonesia, PT Smart Telecom (Smartfren)