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PT Indosat Tbk
Key Highlights for the First Half ended 30 June 2009
Jakarta, 18 August 2009. PT Indosat Tbk (“Indosat” or the “Company”) is pleased to report headline details of its unaudited financial performance for the first half ended 30 June 2009.
Key Highlights
for the first half ended 30 June 2009
| 1H 2008 | 1H 2009 | % Change |
Operating Revenues (IDRbn) | 8,834.1 | 8, 919.7 | 1.0 |
Operating Expenses (IDRbn) | 6,737.6 | 7,000.3 | 3.9 |
EBITDA (IDRbn) | 4,413.9 | 4,335.3 | (1.8) |
EBITDA Margin (%) | 50.0 | 48.6 | (1.4) |
Net Income (IDRbn) | 1,055.8 | 1,007.1 | (4.6) |
Total Debt (IDRbn) | 19,684.7 | 22,688.3 | 15.3 |
Total cellular subscribers (million) | 32.4 | 28.9 | (10.9) |
Indosat reports today’s headline and unaudited highlights in order to complement the release of Qatar Telecom Q.S.C. (the “Qtel Group”) results for the six months ended 30 June 2009. As a significant shareholder in Indosat, the Qtel Group fully consolidates Indosat’s performance when issuing its own financial reports.
Indosat is currently undertaking a full audit of its 1H 2009 performance. The Company expects this audit to have been completed, and a detailed review of the Company’s 1H 2009 results to have been released, by the end of August 2009. An analyst and investor call will be held, as usual, to discuss these detailed results following the release.
About Indosat
Indosat Tbk is a leading telecommunication and information service provider in Indonesia that provides cellular services (Mentari, Matrix and IM3), fixed telecommunication services or fixed voice (IDD 001, IDD 008 and FlatCall 01016, fixed wireless service StarOne and I-Phone). The company also provides Multimedia, Internet & Data Communication Services (MIDI) through its subsidiary company, Indosat Mega Media (IM2) and Lintasarta. Indosat is also the pioneer in providing postpaid and prepaid 3.5G cellular services using HSDPA technology. And the company’s shares are listed in the Indonesia Stock Exchange (IDX:ISAT) and its American Depository Shares are listed in the New York Stock Exchange (NYSE:IIT).
For further information please contact:
Corporate Secretary
Tel: 62-21-3869614
Fax: 62-21-3804045
Investor Relations
Tel: 62-21-3869615
Fax: 62-21-3804045
Email:
investor@indosat.com
Website: www.indosat.com
Disclaimer :
This document contains certain financial information and results of operation, and may also contain certain projections, plans, strategies, and objectives of Indosat, that are not statements of historical fact which would be treated as forward looking statements within the meaning of applicable law. Forward looking statements are subject to risks and uncertainties that may cause actual events and Indosat's future results to be materially different than expected or indicated by such statements. No assurance can be given that the results anticipated by Indosat, or indicated by any such forward looking statements, will be achieved.
This document is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration. Any public offering of securities to be made in the United States will be made by means of an offering circular that may be obtained from the Company and will contain detailed information about the Company and management, as well as financial statements. The Company does not intend to register any part of the offering in the United States.