Indosat Notes An Increase In The Number Of Customers Up To 100.8 Million During Q1 2024
JAKARTA - Indosat Ooredoo Hutchison (Indosat or IOH) recorded positive growth during the first three months of 2024 (Q1), with a total revenue of IDR 13,835 billion, an increase of 15.8 percent compared to the previous year (YoY).
In addition, at the end of Q1 2024, Indosat's subscriber increased 2.3 percent YoY, reaching 100.8 million subscribers. This growth contributed to a 14.3 percent increase in data traffic YoY to 3,858 Petabytes (PB).
President Director and Chief Executive Officer of Indosat Ooredoo Hutchisonmen Sinha, stated that the achievement of the first quarter of 2024 reflects Indosat's commitment to creating sustainable value for all stakeholders, as well as strengthening Indonesia's digital economy.
This increase is also accompanied by strategic investment in improving network infrastructure. During this time, the number of Indosat 4G BTS increased by 20.8 percent YoY to 184 thousand.
"We continue to improve our network to ensure smooth connectivity and provide impressive experiences for customers throughout Indonesia," saidTEN.
During Q1 2024, Indosat also continues to form partnerships with various parties, including collaboration with NVIDIA, which aims to democratize access to NVIDIA's leading AI platform, empowering companies across regions through the use of the best Graphic Processing Unit (GPU) technology.
SEE ALSO:
Furthermore, Indosat has also strengthened its commitment to cybersecurity by collaborating with Cisco and Mastercard, in providing the company with the latest cybersecurity solutions, especially small and medium enterprises (SMEs), to strengthen their digital and security resilience.
Meanwhile, the establishment of the Indosat-Mastercard Cybersecurity Center of Excellence (CoE), emphasized the company's dedication to encouraging talent development, encouraging innovation, and becoming a major collaborator in cybersecurity detection and mitigating.
Along with Indosat's efforts to form a digital landscape in Indonesia, the company remains solid in its commitment to promoting sustainable growth, advancing innovation, and creating sustainable value for all stakeholders.