Telkom Indonesia books 8.4% rise in first-half revenue on strong broadband growth

28 Jul 2014

The state-controlled telco PT Telekomunikasi Indonesia (Telkom) has reported revenue of IDR43.54 trillion (USD3.76 billion) for the six months to 30 June 2014, up 8.4% from IDR40.16 trillion in the corresponding year-ago period, driven by the growing popularity of its broadband services. In its financial report published late last week, Telkom said net income for the period under review climbed 4.0% on an annualised basis to IDR7.41 trillion, from IDR7.12 trillion in H1 2013.

The operator said that voice call revenue generated by its PT Telekomunikasi Selular (Telkomsel) mobile unit was the single largest contributor, accounting for 37.6% of total revenue in January-June; voice call turnover was up 6.4% year-on-year to IDR16.38 trillion from IDR15.40 trillion. However, the group’s president director Arief Yahya was swift to point out that despite the solid performance from mobile voice services, the biggest growing part of its business is data, internet and information and technology (IT) services. ‘Data, internet and IT services recorded 16% growth from IDR15.04 trillion in the first half of last year to IDR17.44 trillion in the same period this year,’ he told journalists last Thursday. In addition, the Telkom official noted that network and interconnection services contributed 7.3% to overall revenues, while other revenue streams – i.e. e-payments and pay-TV – collectively contributed 4.5%, or IDR1.95 trillion, of total revenue – up 14.0% y-o-y.

Telkom closed out 30 June with a total of 28.69 fixed and mobile broadband subscribers, up a massive 41.8% from the same period a year earlier. Of the total, 3.21 million are fixed (Speedy) broadband users, 18.9 million are signed up to its mobile (Flash) broadband service and 7.27 million are BlackBerry customers. Overall, the group had a total user base of 146.89 million fixed line and cellular users at 30 June 2014.

Indonesia, Telkom Indonesia, Telkomsel (Telekomunikasi Selular)