Indosat's Key Highlights
For the Period Ended 30 June 2013
“Indosat records strong revenue growth in 1H 2013, consolidated revenue grew 14.2% year on year driven by strong customer base growth.”
Jakarta, Indonesia, 30 July 2013: PT Indosat Tbk (“Indosat” or the “Company”) (Ticker: ISAT: IDX) publishes the key highlights of its unaudited operational and financial results for the period ended 30 June 2013. Please be advised that the key highlights are merely issued to coincide with the release of Ooredoo QSC (formerly known as Qatar Telecom QSC) results for the period ended 30 June 2013, as our indirect majority shareholder that consolidates Indosat’s results in its financial statements. Subject to the completion of, including but not limited to the limited review by the Public Accountant on the Company’s Interim consolidated financial statements which are prepared in accordance with the Indonesian Financial Accounting Standards (IFAS), Indosat expects to file and release its interim consolidated financial statements for the period ended 30 June 2013 on or around 2 August 2013 (“Indosat’s Official Release”). Accordingly, these key highlights may differ from what is contained in Indosat's Official Release.
Financial and Operational Highlights:
·
Cellular revenues grew 13.7% compared to the same period last year, supported by continued growth in the cellular customer base, which stood at 56.5mn customers at the end of 1H 2013.
·
Fixed Data (MIDI) revenue increased driven by strong growth in revenues from Connectivity services (such as MPLS, Transponder, DPLC, IPLC) and Internet services.
·
Fixed Voice (Fixed Telecom) revenues increased owing to higher international direct dial (IDD) revenues as a result of a higher traffic, offset by lower FWA revenue due to decreasing FWA customers.
*
Including the restatement due to retrospective application of lease transaction under PSAK 30 (revised 2011) effective January 1, 2012.
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EBITDA (earnings before interest, taxes, depreciation and amortization) is a non-GAAP measure that management believes is a useful supplemental measure of cash available prior to debt service, capital expenditures and income tax. Investors are cautioned that EBITDA should not be construed as an alternative to net income determined in accordance with GAAP as an indicator of the Company’s performance or to cash flows from operations as a measure of liquidity and cash flows. EBITDA does not have a standardized meaning prescribed by GAAP. The Company’s method of calculating EBITDA may differ from the methods used by other companies and, accordingly, it may not be comparable to similarly titled measures used by other companies.
For further information please contact:
Investor Relations
Corporate Secretary
Tel:
62-21-30442615
Tel:
62-21-30442614
Fax:
62-21-30003757
Fax:
62-21-30003754
Email:
investor@indosat.com
Website:
www.indosat.com
About Indosat
Indosat is the leading telecommunication and information operator in Indonesia which provides cellular, fixed line, data communication and internet. In the first quarter of 2013, it has 55.9 million cellular customers through its brands, Indosat IM3, Indosat Mentari and Indosat Matrix. Indosat operates IDD services with access code 001, 008 and Flatcall 01016. And it also offers corporate solution services supported by integrated telecommunication networks throughout Indonesia. Indosat is the subsidiary of the Ooredoo. Indosat shares are listed in Indonesia Stock Exchange (IDX:ISAT).
Disclaimer
This document may contain 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.
Ends
