Telkom predicts 7% rise in 2009 profit (Indonesia)

www.WirelessFederation.com/news: 5%-7% rise in FY2009 net profit has been expected by PT Telekomunikasi Indonesia (Telkom), Indonesia’s dominant telecoms group. The increase is expected because of the growth in operating revenues.

5% year-on-year rise in revenue is also predicted by the company from the IDR61 trillion (USD6.6 billion) posted in FY2008. The increase in the revenues might be attributed to increased sales of multimedia and cellular services.