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Wireless Federation » archive for 'Excelcomindo'

Excelcomindo plans to launch secondary share offering by 2009 (Indonesia)

  • September 4th, 2008
  • 11:53 am

Excelcomindo (XL), Indonesia’s third largest mobile operator by subscribers, has planned to launch a secondary share offering by 2009, placing between 10%-15% of its share capital with the public through the process.
According to the company’s President Hasnul Suhaimi, a part of the Malaysian mobile phone firm TM International’s equity holding will be sold in the secondary offering.

   

Indonesia’s mobile penetration may reach 62.4% in 2010 (Indonesia)

  • September 1st, 2008
  • 6:55 am

Indonesia’s mobile market has growing rapidly with the number of subscribers heading for 120 million in 2008, up from 90 million in early 2008, having grown by nearly 40% in 2007. There is vast opportunity for market expansion in Indonesia when compared with some of its Asian neighbours.  For strong growth to continue, the sector must take advantage of the government’s regulatory changes and find ways of attracting more foreign capital into the market place. Value-added services have become important and 3G has arrived.

OPERATOR                                 SUBSCRIBERS (IN MILLION)
Telkomsel                                                   50.55
Indosat                                                      26.42
Excelcomindo                                              22.42
PT Mobile8                                                    3.77
3                                                                 3.21
Sampoerna Telekomunikasi Indonesia             0.41

Smart Telecom                                               0.5
Bakrie Telecom                                              4.46
Telkom                                                         6.69

Notable highlights of the Indonesia Mobile Forecast include:

  • Indonesia continues to be the most profitable market in East Asia. It is forecasted that average EBITDA margins in Indonesia at 63.7% in 2010. Telkomsel, in particular, will continue to be one of the most profitable wireless operators in the world with an EBITDA margin of 68.2%.
  • The wireless penetration level in Indonesia is steadily increasing. It will increase from the projected 50.9% in 2008 to 62.4% in 2010. The number of total subscribers will increase from 115.8 million to 146.2 million from 2008 - 2010.
  • Although the total subscriber base will continue to grow, Telkomsel, the largest operator in the country, will be losing its market share to competitors. According to the forecast that the market share (by subscribers) of Telkomsel will decrease from the projected 50.4% in 2008 to 47.9% in 2010.

   

Excelcom adds six million users in 2007 (Indonesia)

  • January 11th, 2008
  • 2:32 pm

Indonesia’s third largest mobile operator by subscribers Excelcomindo (Excelcom) added six million new users in 2007, boosting its total by 63.2% to 15.5 million lines, helped by lower pre-paid call rates and cheaper handsets. Excelcom, which is 67%-owned by Telekom Malaysia, said strong subscriber gains had pushed Q4 revenues up by more than 20% quarter-on-quarter, although it did not provide details.

Excelcom reported gross revenues of IDR3.665 trillion (USD388.4 million) in 1H 2007, up 28% year-on-year from IDR2.853 trillion in the same period of 2006, driven by a 51% rise in minutes of use (MoU) to 1.7 billion, and a 22% increase in subscriber numbers to 10.2 million. Total OPEX in the first six months of the year was IDR1.250 trillion, up 43% y-o-y, due to higher infrastructure costs and marketing expenses relating to its network expansion campaign. EBITDA in 1H07 was up 29% on the previous year. In the three months ended 30 September Excelcom’s revenue was slightly over IDR2 trillion, it said.

   
 

KPPU widens the net in mobile probe (Indonesia)

  • December 19th, 2007
  • 6:52 am

Indonesia’s Business Competition Supervisory Commission (KPPU) has announced it is widening its probe into alleged price-fixing of SMS messages by eight of the country’s mobile operators, The Jakarta Post reports. In a statement the body said it had found evidence, albeit preliminary, of a ‘cartel-like’ arrangement between the companies involved. ‘From the preliminary evidence, we have discovered that there’s a kind of agreement between the mobile cellular companies to fix the prices of text messages at between IDR250 (about USD0.027) and IDR350,’ KPPU chairman Muhammad Iqbal said Monday. He went on to say it would take about 60 working days for the KPPU to finally make its adjudication on the case. The eight companies allegedly involved are Bakrie Telecom, Indosat, Telkomsel, Telkom, Excelcomindo, Hutchinson CP Telecommunications (HCPT), Mobile-8 Telecom and Smart Telecom.