Daily BriefsIndonesia

Daily Brief Indonesia: Indosat Tbk PT and more

In today’s briefing:

  • Indosat (ISAT IJ) – Sails Set on a More Profitable Course


Indosat (ISAT IJ) – Sails Set on a More Profitable Course

By Angus Mackintosh

  • Indosat (ISAT IJ) 2Q2023 saw the benefit of surging seasonal demand driving data usage coupled with its stronger network post the 3 integration. 
  • The company saw a further increase in subscribers in 2Q2023 to over 100m, along with higher ARPUs, which rose by +8.6% YoY in 2Q2023 helping to improve returns.
  • Indosat (ISAT IJ) continues to invest in maintaining the quality of its network as well as offering new value-added products to customers, boosting retention and profitability.

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