Telkom posts rise in Q4 profit on data, internet growth

31 Mar 2011

Indonesia’s largest telecommunications operator PT Telekomunikasi Indonesia (Telkom) said fourth-quarter net income climbed 24% year-on-year to IDR2.6 trillion (USD298 million), from IDR2.1 trillion in 4Q09, as a strong performance from data and internet operations bolstered sluggish mobile growth. Telkom reported FY2010 net profit of IDR11.53 trillion, up from IDR11.4 trillion in FY2009, broadly in line with analysts’ forecasts of profit of IDR11.58 trillion in 2010, in a Thomson Reuters’ poll. Revenues in 2010 were up 1.4% year-on-year at IDR68.63 trillion.

Indonesia, Telkom Indonesia