Indosat Capai's Net Profit IDR 3.7 Trillium, Down 34.6 Percent

President Director and CEO of Indosat Ooredoo Hutchisonmenung Sinha (center). (Photo: Doc. Antara)

JAKARTA - PT Indosat Tbk or Indosat Ooredoo Hutchison (ISAT) recorded a profit decline in the third quarter of 2022 of 36 percent or IDR 37 trillion compared to the previous quarter of IDR 5.8 trillion.

Meanwhile, ISAT recorded an increase in total revenue of 49.8 percent year on year (yoy) to IDR 34.5 trillion, compared to the same quarter of 2021 which amounted to IDR 23.05 trillion.

Indosat Ooredoo President Director and CEO HutchisonAN Sinha said one driving force for performance growth in the third quarter of this year was due to increased subscribers and data usage.

This is driven by both consumer brands, IM3 and Tri which continue to complement and gain traction in their target segment.

"The increase of 2.4 million IOH mobile subscribers in the third quarter of 2022 reflects public confidence in our brand and motivates us to continue to connect and empower the Indonesian people," he said in a performance presentation in Jakarta, Friday, October 28.

Meanwhile, EBITDA ISAT recorded an increase of 35.6 percent in the nine-month period to Rp14.09 trillion with an EBITDA margin of 40.8 percent.

Furthermore, penjelaskan, menjelaskan, usai melakukan merger usaha di awal 2022, ISAT resmi menjadi operator telekomunikasi terbesar kedua di Indonesia.

After the merger, ISAT continues to integrate the network with MOCN (Multi Operator Core Network) technology with the support of its strategic partners.

Currently, he said, the integration of the IOH network has reached more than 50 percent of the total target of around 43,000 sites, most of which will be completed by the end of 2022.

Once the integration process is complete, IOH subscribers will feel a wider range of networks, better indoor services, and a faster internet experience.

In the third quarter of 2022, mengatakan IOH meluncurkan Indosat HiFi, sebuah layanan hubungan optical atau fiber to the home (FTTH).

This FTTH service is here to meet the needs of reliable and reliable cable internet for housing and offices.

IOH, through Indosat Business, also launched the IDEA platform to support the digital transformation of MSME players in Indonesia.

"We will continue to provide travel experience for our customers in line with IOH's strategic vision to become the most chosen digital telecommunications company in Indonesia. In addition, we also continue to focus on accelerating the synergy process and increasing cost efficiency, as well as creating more value for our shareholders," concluded Mikha.