Bakrie Telecom eyes strong growth

17 Oct, 2005

A new entrant to the Indonesian mobile telecommunications sector, PT Bakrie Telecom, aims to have as many as 408,000 users by the end of 2005 and to hit one million next year, its president director said on October 11.
Anindya Bakrie told Reuters in an interview the company was targeting a critical mass of three million subscribers before 2008 and a 40-45 percent EBITDA (earnings before interest, taxes, depreciation and amortisation) margin by then.

Read Comments