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Hutchinson is planning to exit from Indonesia

April 22, 2009 By: Syahrial Ali Category: News

I found this interesting news from www.telecommagazine.com that wrote the this issue.  Hutchinson Telecommunications (HTIL) which also operates outside Hong Kong to offer mobile services in six other countries in Asia is planning to exit from Indonesia. HTIL offers mobile services in Indonesia through Hutchinson CP Telecommunications (HCPT), a joint venture with CP Group of Indonesia under product name “Three” (3).

‘Negative factors’ were reportedly cited for its decision which included ‘complicated regulatory risks.’ The joint venture operates 2G and 3G platform in Indonesia and has a subscriber base of 3.6 million as at September 2008 giving it a market share of 2.8 percent.

In December 2007, Indonesia invoked its anti-monopoly laws against Temasek Holdings, Singapore’s sovereign wealth fund manager, for its indirect holdings in two telcos, Indosat and PT Telkomsel. The stakes in the two Indonesian telcos were owned by two Singapore entities – one, a fully owned investment unit, ST Telemedia and the other is publicly-listed, Singapore Telecommunications Limited, in which Temasek has substantial interests. Following unsuccessful appeal in May 2008, ST Telemedia sold its stake in Indosat to Qtel, Qatar Telecom.

Although this article was written in last January, the issue is still new for Indonesian Telecommunication communities.

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HCPT 2008 Report

March 05, 2009 By: Syahrial Ali Category: News

SOURCE  Hutchison Telecommunications International Limited

The Hutchison Telecommunication International Limited just released the complete report for the financial year 2008 for all of the company in the group, including the PT. Hutchison CP Telecommunications (‘HCPT’) Indonesia. The main points are: — Customer base more than doubled to 4,501,000, while  — Accelerated network expansion with over 6,300 base stations on-air. Complete report is as below.

The Group’s Indonesian operation PT. Hutchison CP Telecommunications (‘HCPT’) continued to report good progress in its second year of operation despite a very challenging environment. Total customer base grew over 120% yearly on the back of accelerated network expansion across the country, strong branding and an effective distribution system. HCPT ended the year 2008 with more than 6,300 base stations on-air covering over 67% of the total population and all major cities in the country. It expects to increase the size of its networks to over 9,000 base stations by the end of 2009. HCPT is looking to maintain strong customer acquisition in 2009 in line with its expanded coverage. (more…)

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