XL Claims 40m Subscribers
Till the end of 2010, PT XL Axiata Tbk claimed 40m subscribers or an increase of 27,7% compare to the period of 2009 which was only 31,4m.
XL’s CEO Hasnul Suhaimi said that the increment mostly happened in last quarter.
“In the last 3 months of 2010, we noted the increment of subscribers was very high, especially in Central Jawa Tengah and Yogyakarta,” he added.
According to Hasnul, the subscriber increment in this year will not as high as 2010, this is beacuse of market saturation, namely 90% of Indonesian population has have mobile number.
XL just targets the increment of 11%-12%. This means at the end of 2011 the XL subscribers will reach 44.5-44.9m. We always want to grow more than industry namely above 10% each year.
Hasnul also added that the company strategy will not play on tariff of voice and SMS anymore, as now the figure is keeping lower since last year.
“If we play on tariff for these two services, it will impact the quality. Besides that, the SIM card business was not as big as last year, it will be worthless to reduce the tariff as new customer will be small.”
XL will focus on data services which continues to grow its contribution. It is estimated that in 2010 contributed to the data service by 9% -10% of total company revenue. In 2011 it is expected to increase in the range of 15% to 20%.
“Overall revenue grows for 2010 was above 20%.”
According Bisnis Daily, up to third quarter 2010 XL noted a significant increase in performance. In terms of revenue, the company managed to score at Rp13 trillion rupiah, or up 32%
compared to the same period last year.
Meanwhile, net income rose 73% when compared to the same period in 2009 of Rp2.1 trillion . Until that time, XL has 38.5 million subscribers.
XL prepare a capital expenditure of U.S. $ 500 million that will be used to build the 1500-2000 base stations, increased network capacity, and build an optical fiber.
“The amount of capital expenditure was moderate. It could be revised in some times if needed more money. We use internal funds to meet capital expenditure, “said Hasnul. (Bisnis daily)
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