Syahrial Ali's Blog

At the end of first semester of 2010, XL noted a massive increment in their profit. XL got IDR1.32 trillion or an 87.4 increment compare to the same period last year which was only IDR 706 billion. This figure is the XL’s highest profit so far. XL got IDR 8.5 trillion revenue for this semester, 35% increment of the same period for the last year which was only IDR 6.25 trillion.

In contrast to the PT XL Axiata, two other major mobile industry, Telkomsel and Indosat have decreased profits, and the largest suffered by Indosat. The profit of cellular operator owned by Qatar Telecom (Qtel), went down 71.5 percent compared to the first half of the year 2009. From IDR 1.007 trillion to only IDR 287 billion. Though its earnings rose 5.8 percent in the same period, from IDR 9.135 trillion to IDR 9.662 trillion. Meanwhile Telkomsel, the biggest cellular operator in Indonesia also has decreased its net profits for about 4 percent from IDR 6.2 trillion to IDR 5.9 trillion only. The same condition with Indosat, Telkomsel also has increased its revenue from IDR 20.6 trillion to IDR 22.9 trillion.

XL’s high profits was trigger by the massive increment of the subscribers. At the end of June 2010, XL noted 35.2 million subscribers, grew 43 percent compared to 24.7 million in the first semester of 2009. This figure  is just 2.6 million below Indosat’s subscriber. If XL can be consistent with their achievement, we may see XL as the second biggest cellular operator at the end of 2010.

Telkomsel is still working hard in achieving their total subscriber target. At the beginning of 2010, they just had 82 million subscribers and at the end of June 2010, this figure was around 88.3 million, which was still far away from their end year target 100 million subscribers. They still have 6 months from July to achieve this target.

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