Gunawan appointed new Satelindo boss

Gunawan appointed new Satelindo boss

JAKARTA (JP): PT Satelindo, a private telecommunications
company, announced yesterday its new board of directors and
commissioners.

The company, which was set up in January 1993, has appointed
its former cellular director Saleh Gunawan president, replacing
Iwa Sewaka, spokesperson Ayu Wulan said.

She said Iwa officially handed over his position to Gunawan
yesterday.

She said the company, Under its restructuring program, had
also appointed five new directors, instead of nine.

Janto Warjanto was appointed director of international calls
and acting satellite director; S.W Ouwens as cellular director;
and Gerard Christiaan Meermann as finance director.

Gunawan, 53, was also appointed director of business
development.

Satelindo operates international calls services, satellite and
cellular phone business. It is owned by the widely diversified
Bimantara Group, PT Indosat, PT Telkom and DeTeMobil of Germany.

Wulan said Satelindo's board of commissioners included Fuad
Bawazier, Bambang Trihatmodjo, Aziz Mochdar, Sugianto Kusuma, I
Nengah Seroma, Achmad Rivai, Mathias Weber and Laubscher.

Sewaka was appointed advisor to the commissioners, she added.

Satelindo reported yesterday a portfolio of 380,000 users of
its Global System for Mobile communications (GSM) service.

As of September 1997, the company's revenue had reached Rp 1
trillion (approximately US$278 million) and its net profit Rp 115
billion.

Satelindo, which is set to float shares next year, booked in
1996 a total revenue of Rp 595 billion and a net profit of Rp 85
billion. (icn)