Telkomsel's profit rises 31%

Telkomsel's profit rises 31%

JAKARTA: PT Telekomunikasi Selular, or Telkomsel, Indonesia's
biggest cellular-phone operator, said net income in the first
nine months of this year rose 31 percent on an increase in
subscribers.

Unaudited net income rose to Rp 3.99 trillion (US$439 million)
in the nine months ended Sept. 30, from Rp 3.06 trillion a year
earlier, the Jakarta-based company, which is 65 percent owned by
PT Telekomunikasi Indonesia, said in an e-mailed release. Sales
rose a third to Rp 10.7 trillion.

Its subscribers totaled 13.7 million as of Sept. 30, 56
percent more than a year earlier. -- Bloomberg