Hutchison to build 3,000 new BTS units
PT Hutchison CP Telecom (HCPT) Indonesia plans to build 3,000 new units of base transceiver station (BTS) bringing the number of its BTS to 9,000 units by the end of this year, Investor Daily reported Saturday.
Suresh Reddy, HCPT chief executive officer, refused to provide a cost estimate but said the company has set aside $1 billion for capital spending until 2010.
The company, which is 60% owned by PT Hutchison Telecommunications International and 40% by PT Charoen Phokhpand, had no intention to change its investment commitments in Indonesia despite the economic slowdown, Reddy said.
He said the company has succeeded in listing more subscribers, up from 3.6 million in the third quarter of 2008 to 4.5 million by February.
Suresh Reddy, HCPT chief executive officer, refused to provide a cost estimate but said the company has set aside $1 billion for capital spending until 2010.
The company, which is 60% owned by PT Hutchison Telecommunications International and 40% by PT Charoen Phokhpand, had no intention to change its investment commitments in Indonesia despite the economic slowdown, Reddy said.
He said the company has succeeded in listing more subscribers, up from 3.6 million in the third quarter of 2008 to 4.5 million by February.