PT Telkom Indonesia (Telkom) posted net profit of IDR17.92 trillion (USD1.33 billion) for the period January-September 2017, up 21.7% from IDR14.73 trillion in the same period the previous year, as total revenues grew by 12.5% to around IDR96.96 trillion. Earnings before interest, tax, depreciation and amortisation (EBITDA), meanwhile, increased by 12.8% on an annualised basis to IDR50.06 trillion from IDR44.38 trillion, with Telkom reporting that its strong growth metrics are down to its Data, Internet & IT Service segment, which grew by 30.5% year-on-year and accounted for 43.8%, or IDR42.45 trillion, of total revenue in 9M17. Telkom Finance Director Harry M Zen said: ‘Most of Telkom’s digital business has performed well this quarter. Going forward, Telkom hopes to benefit from Indonesia’s sustainable economic growth as it is supported by the increasing use of data and internet, both by individuals and corporations.’ Cellular Voice and SMS revenues amounted to IDR38.68 trillion in the nine months under review, the Fixed Line Voice segment contributed IDR5.42 trillion, Interconnection a further IDR3.72 trillion and Network & Other Telecommunication Services, IDR6.72 trillion. Group CAPEX in 9M17 was IDR20.30 trillion.
Telkom closed out 30 September 2017 with a total of 4.75 million fixed broadband subscribers, of which 2.34 million were IndiHome (fibre broadband) customers, up 53.5% y-o-y from 1.52 million, helping to generate IndiHome ARPU of IDR308,000 in 3Q17. Meanwhile, IndiHome Netizen (dual-play) packages, which were introduced late in 2016, received a ‘positive response’, and numbered 581,000 new customers, or close to 25% of IndiHome’s current total customers, at the same date.
Telkom’s mobile arm Telkomsel reported that 9M17 revenue, EBITDA and net income stood at IDR69.53 trillion, IDR40.85 trillion and IDR23.30 trillion, respectively, representing increases of 9.2 , 10.0 and 10.8% over the same period in 2016. By end-September Telkomsel had built out 23,158 new base transceiver stations (BTS), lifting the total by 22.6% to 152,191 BTS, of which 66.9% are 3G/4G BTS, and the operator currently offers 4G LTE services in 489 cities across Indonesia. Telkomsel reported 190.36 million mobile subscribers at 30 September 2017, of which 40.5 million are 4G LTE customers. Telkomsel Flash mobile internet service subscribers rose by 59.1% year-on-year from 50.48 million to 80.33 million.