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Wireless

Indosat grows H1 data revenue over 50%

Wednesday 27 July 2016 | 17:28 CET | News
Indonesian operator Indosat reported a 7 percent increase in revenue to QAR 3.8 billion for the first half of 2016 compared to QAR 3.5 billion in the same period of 2015. Data revenue grew by more than 50 percent year-on-year, driven by the greater reach of 4G services, which now cover 40 cities and a population of 43 million. The company delivered EBITDA growth of 9 percent to QAR 1.7 billion, with the EBITDA margin also improving to 46 percent from 45 percent in 2015, shareholder Ooredoo reported.

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Categories: Mobile & Wireless
Companies: Indosat / Ooredoo
Countries: Indonesia
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