From Performance Growth to Achieving Awards, Here's Indosat Ooredoo's Track Record in 2021

Kapanlagi.com - Some parties have assumed that 2021 will still be a challenging year. This is reinforced by the ongoing pandemic.

However, this assumption is directly denied by Indosat Ooredoo. The pandemic doesn't hinder Indosat Ooredoo from remaining profitable and achieving success throughout this year. How is Indosat Ooredoo's positive performance in the first quarter of this year?

Positive Maneuvers Throughout the Year

The first quarter of 2021 was successfully passed by Indosat Ooredoo. There are many highlights that have made Indosat Ooredoo successful in this first period of 2021.

Starting with dominance in the market sector, Indosat Ooredoo's business revenue increased by 12.6% compared to the previous year. When converted to Indonesian Rupiah, the percentage of this business revenue increase reaches a value of 7.345 trillion Rupiah. This success is also followed by a growth in net profit reaching 172 billion Rupiah. This incredible success is inseparable from the implementation of strategies that have been applied since last year.

The increase in business revenue and net profit of Indosat Ooredoo is not separate from several brilliant maneuvers that have been carried out. Such as continuous 4G network investment with the addition of more than 14,000 4G BTS compared to the previous year. Indosat Ooredoo is even preparing for the launch of VOLTE and 5G. In addition to investing in the 4G network, Indosat also signed a buyback agreement with PT EPID Menara Assetco for more than 4,200 towers worth 750 million US dollars.

Increasing Operational Growth and Customer Base

Throughout 2021, Indosat Ooredoo experienced an increase in earnings before interest, taxes, depreciation, and amortization or more commonly known as EBITDA. Not only that, EBITDA growth increased by 42.5% which indicates operational efficiency and strong revenue growth. Compared to the previous year, this EBITDA growth skyrocketed by 9.7%. This proves that Indosat Ooredoo can still operate optimally despite the pandemic.

Not only that, growth also occurred in the customer base. In the first quarter, Indosat Ooredoo's customer base grew by 6.8% or a total of 60 million customers. The increase in the number of new customers is directly proportional to the increase in revenue. Interestingly, Indosat Ooredoo also has a significant increase in Average Revenue Per User (ARPU) by 10.6%, or if calculated reaches 32,000 per customer. This number is truly wow!

Achieving Various Awards

All the achievements made by Indosat Ooredoo in the first quarter of this year are complemented by the awards received. Just at the beginning of this year, Indosat Ooredoo has received 3 awards at once.

Indosat Ooredoo won the award as the sixth fastest-growing telecommunications brand throughout the year. There is also the Indonesia WOW Brand 2021 award for the mobile operator category from MarkPlus Inc. It is further complemented by the Public Relations Indonesia Award 2021 from PR Indonesia for the CSR IDCamp, which has produced many programmers in the country. The spirit of Indosat Ooredoo that does not give up despite the spreading pandemic has borne sweet fruit with a host of revenue increases and awards. It is not wrong if Indosat Ooredoo now occupies the second rank as the best and strongest telecommunications company in Indonesia.

With these achievements in just the first quarter of 2021, it is not wrong if Indosat Ooredoo is called a telecommunications brand suitable for use by all layers of Indonesian society. Let's use Indosat Ooredoo and enjoy various promos and benefits!

(kpl/jef)