Indonesian Political, Business & Finance News

Bakrie Telecom Gets National License

| Source: GOI
Indonesia has given mobile phone firm, PT Bakrie Telecom, currently operating only in some cities on Java, a license to operate nationally, the communications department said on Wednesday (13/12/06).

"PT Bakrie Telecom will get three channels nationally," the department said in a statement, referring to three frequency channels that could be used by the mobile operator, Reuters reported.

The statement said the move was part of government reforms aimed at strengthening the sector.

The company, owned by diversified PT Bakrie & Brothers, has slightly more than 1 million subscribers and expects to end the year with 1.5 million, on the back of an aggressive marketing campaign aimed at lower-income users.
Tags: business
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