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Wireless

Indosat Ooredoo FY revenue grows 14%, EBITDA jumps 52%

Friday 14 February 2020 | 09:35 CET | News
Update: 24 February 2020 | 11:21 CET
Indosat Oredoo says its strategy to target longer term, higher value customers and reduce churn supported revenue growth of 14.7 percent to IDR 20.7 trillion in 2019. TA more favourable product mix and efficiency improvements throughout the business contributed to the expansion of the EBITDA margin to 43 percent from 33 percent in 2019, and the 51.6 percent increase in EBITDA to IDR 9.9 trillion in 2019. 

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[24/02/2020 11:21 - Update: Updates with Indosat statement]


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