Data Center Expansion, Indosat Ready To Add Manpower

Photo: Doc. Indosat

JAKARTA - telecommunications company PT Indosat Tbk (ISAT) or Indosat Ooredoo Hutchison (IOH) said it would add business activities to support the data center business.

Dalam keterbukaan informasi di laman Bursa Efek Indonesia (IDX), dikutip Senin 3 April, manajemen Indosat mengatakan akan melakukan penambahan kegiatan yang mencakup eksial, konstruksi, sewa alat teknologi digital dan mesin kantor, untuk mendukung kegiatan usaha utama perseroan, khususnya untuk jasa pusat data atau data center.

This disclosure of information is a basis for consideration for ISAT shareholders to give approval for plans to change business activities, in this case in the form of additional business activities that ISAT will propose to the general meeting of shareholders (GMS).

In the feasibility study report, the addition of ISAT's business activities considers the assumptions that have been made, along with the conditions in which additional business activities do not require an initial cash. Therefore, the addition of business activities is able to meet its own funds.

"So a feasibility analysis can only be done using the net value (NPV) parameters. The amount of NPV obtained from additional business activities is IDR 313.8 billion," said Indosat management.

Based on studies, evaluations and financial analysis as well as other projections with the conditions that have been determined to be fulfilled, it is concluded that the plan to add business activities to be carried out by ISAT is feasible to be implemented.

"In connection with the plan to change business activities, ISAT has prepared the workforce needed to support operational implementation of changes to these business activities," said management.

ISAT management is committed to meeting the needs of competent workers in their fields related to these new business activities.

Ready to change business activities will be supported by experts in ISAT. Based on the financial projections analyzed, this change in business activities will increase income for ISAT with a percentage of ISAT income in 2022 of 0.12 percent, and during the projected period 2023-2027 of 1.08 percent.