Dominant fixed and mobile operator PT Telekomunikasi Indonesia (Telkom Indonesia) has published its financial results for 2015, highlighting a 7% year-on-year increase in net profit to IDR15.489 trillion (USD1.17 billion), from IDR14.471 trillion in full year 2014. Revenue in FY 2015 increased by 14.2% on an annualised basis to IDR102.470 trillion, while operating profit stood at IDR32.418 trillion (+11%) and EBITDA reached IDR51.415 trillion, up 12.6% compared to IDR45.673 trillion in 2014; EBITDA margin was 50.2%, down from 50.9% in 2014.
The company said revenue derived from mobile operations amounted to IDR76.100 trillion last year, while turnover from its data, internet and IT services contributed a further IDR32.680 trillion. Full-year CAPEX was IDR26.4 trillion, largely apportioned to efforts to build out its mobile broadband infrastructure (e.g. LTE), property, data centre, and submarine cable investments on SEA-ME-WE5 and SEA-US. The firm noted that mobile arm Telkomsel continued to strengthen its network quality with almost 18,000 new base transceiver stations (BTS) installed during the year. Around 90% of new BTS were 3G/4G-enabled to enhance the ‘mobile broadband experience,’ it said.
Telkom, which is 52.6%-owned by the government of Indonesia, closed out 31 December 2015 with a total of 152.641 million mobile users for Telkomsel (up 8.6% y-o-y), of which 149.131 million were pre-paid (40.7%). As of 31 December 2015, 2.2 million customers had swapped to a USIM to utilise Telkomsel’s 4G services. In addition, Telkom reported 10.277 million fixed line (POTS) accesses, up from 9.698 million at end-2014, 3.983 million fixed broadband connections (40.3%). In 2015, Telkom increased its focus on the development of its bundled service ‘IndiHome Triple Play’, aggressively developing its fibre-to-the-home (FTTH) infrastructure, with a ‘focus on monetisation of our fibre homes-passed,’ it said. As a result, by the start of 2016 a total of around ten million homes were passed by FTTH, while the number of IndiHome subscribers reached 1.1 million with ARPU of IDR310,000 per month.