Telkomsel reports 15.6% increase in first-half net income

1 Aug 2017

Indonesian mobile network operator (MNO) Telkomsel recorded net profit of IDR15.5 trillion (USD1.1 billion) for the first six months of 2017, up 15.6% from IDR13.4 trillion in 1H16. In the Info Memo released by the MNO’s parent PT Telekomunikasi Indonesia (Telkom), it was also revealed that Telkomsel booked first-half revenues of IDR45.9 trillion, compared to IDR41.1 trillion in the year-earlier period. The operator said that its Digital business contributed 39.3% of total revenue, with the remainder being derived from the operator’s legacy voice and SMS business. Earnings before interest tax depreciation and amortisation (EBITDA) in the first half of 2017 amounted to IDR27.1 trillion, up 14% y-o-y from IDR23.8 trillion; EBITDA margin was 59.1%.

Turning to the cellco’s operational data, Telkom reported that as of 30 June 2017, Telkomsel served 178 million subscribers of which 50.5%, or 89.9 million, are described as ‘ready-to-serve’ customers on its 3G or 4G networks. Of the subscriber total, 173.7 million are pre-paid customers, generating revenue of IDR39.09 trillion (or 85% of total revenue) in 1H17, while 4.2 million post-paid users contributed IDR3.44 trillion. Blended average revenue per user (ARPU) was IDR44,000.

Telkomsel presided over a mobile network totalling 146,571 base stations at 30 June 2017, of which 65.7% are capable of supporting 3G/4G services.

Indonesia, Telkomsel (Telekomunikasi Selular)