ID :
14286
Wed, 07/30/2008 - 08:04
Auther :
Shortlink :
http://m.oananews.org//node/14286
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EXCELCOMINDO'S H1 PROFIT JUMPS 1,438 PCT
Jakarta, July 29 (ANTARA) - Mobile phone operator PT Excelcomindo Pratama (EXCCL) said Tuesday its net profit in the first semester of 2008 jumped 1,438 percent to Rp631 billion from the same period last year on the back of a sharp rise in operating income.
Operating income jumped 59 percent to Rp5.836 trillion in the first half of this year from Rp3.665 trillion in the same period last year, EXCL President Director Hasnul Suhaimi said in a press statement.
He said the operating income rose as the total number of outgoing minutes increased ten-fold to 19.3 billion in the first semester of 2008 from 1.7 billion in a corresponding period last year.
The number of EXCL subscribers meanwhile increased 124 percent to 22.9 million in the first half of this year from 10.2 million a year earlier, he said.
"The achievement suggests that subscribers appreciate EXCL's services which combine quality with affordable rates," he said.
The rise in the number of subscribers was the result of EXCL's tariff strategy which was implemented starting in the third quarter of 2007 and had received a positive response from the market, he said.
Touching on the increasing competition among mobile phone operators, he said EXCL would continue to improve its performance.
"EXCL is not only lowering its tariffs but also increasing its capacity and maintaining the quality of its networks," he said.
Operating income jumped 59 percent to Rp5.836 trillion in the first half of this year from Rp3.665 trillion in the same period last year, EXCL President Director Hasnul Suhaimi said in a press statement.
He said the operating income rose as the total number of outgoing minutes increased ten-fold to 19.3 billion in the first semester of 2008 from 1.7 billion in a corresponding period last year.
The number of EXCL subscribers meanwhile increased 124 percent to 22.9 million in the first half of this year from 10.2 million a year earlier, he said.
"The achievement suggests that subscribers appreciate EXCL's services which combine quality with affordable rates," he said.
The rise in the number of subscribers was the result of EXCL's tariff strategy which was implemented starting in the third quarter of 2007 and had received a positive response from the market, he said.
Touching on the increasing competition among mobile phone operators, he said EXCL would continue to improve its performance.
"EXCL is not only lowering its tariffs but also increasing its capacity and maintaining the quality of its networks," he said.
