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Indosat is one of Indonesia's largest telecommunication networks and services provider.
Indosat offers (prepaid and postpaid) mobile phone services (Mentari, IM3 and Matrix), fixed voice services (including International Direct Dialing (IDD)), fixed wireless and fixed telephone services. The company also provides Multimedia, Internet & Data Communication Services (MIDI).
As of 2012 the company holds around 21 percent of market share. It has around 50 million cellular subscribers.[3] An Indonesian investment website stated that the company has lost a couple of percentage points in terms of market share on the mobile phone market in Indonesia in recent years.[3] Onbile.com listed the company as the third largest telecommunications company in Indonesia in 2013, coming behind Telkomsel and XL Axiata.
History
Indosat has long history of ownership and change of purpose and goals from its establishment on 10 November 1967. After being bought by Indonesian government from foreign investment company, the company began as a commercial international telecommunications service provider (IDD) in September 1969. The company connected to Intelsat (International Telecommunications Satellite Organization), an earth station in Indonesia, to access Intelsat's Indian Ocean Region satellites until 1989.
The company's shares were registered on the Indonesia Stock Exchange on 19 October 1994 (code: ISAT). Its form of American Depositary Shares are registered at New York Stock Exchange (NYSE:IIT).
Between 1999 and 2000 the company went from Indonesia’s international telecommunications provider to an integrated telecommunications network and service provider. In 2001 the company signed an agreement with Telkom to eliminate its cross-shareholdings in several operating subsidiaries; among others Satelindo, Telkomsel, and Lintasarta.
In 2006 Indosat became a member of Conexus Mobile Alliance to enhance its international roaming and corporate mobile services for voice, video and data roaming. The alliance has a combined customer base of about 350 million mobile subscribers via its GSM/GPRS, W-CDMA networks and/or HSDPA networks.
As of 31 December 2013 the CEO is Alexander Rusli. The board of directors consists of Alexander Rusli, Fadzri Sentosa, and Stefan Carlsson.
External links
Web Indosat.com
References
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AXIS launched its services in April 2008. AXIS is the fastest growing national GSM mobile operator in Indonesia. The company provides 2G, 3G and BlackBerry Services nationwide and covers the world through 382 international roaming partners in 159 countries.
AXIS aims to make mobile voice, sms, data and content services available and affordable to all in Indonesia. The brand first launched service in 2008 and introduced a different approach in the marketing of its products and service offerings by being simple, easy to understand and straightforward with its tariff plans. The company also challenges the market norm by providing honest offers without hidden terms and conditions.
Acquisition by XL Axiata
XL Axiata has signed an agreement to acquire Axis Telekom Indonesia, on September 26, 2013.
Conditional sale and purchase agreement or conditional sales purchase agreement (CSPA) is done with the Saudi Telecom Company (STC) and Teleglobal Investment BV (Teleglobal), which is a subsidiary of STC.
XL is called the nominal value of shares will pay an agreed and will pay part of the debts and obligations of Axis.
The deal is conditional purchase agreement includes a few things, namely :
"We believe that all players in the industry agree that consolidation must take place in the telecommunications industry," said President Director of XL Hasnul Suhaimi regarding this acquisition.
Merrill Lynch (Singapore) Pte Ltd (Bank of America Merrill Lynch) is acting as financial advisor for this transaction from XL.
References
External links
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PT Smartfren Telecom, Tbk (formerly PT Mobile-8 Telecom Tbk (Mobile-8) and PT Smart Telecom (Smart)) is an internet service provider and CDMA cellular operator operating in Indonesia.
Andromax
Smartfren Telecom has a partnership with some Chinese-based smartphone manufacturers, to produce smartphones and tablet under the Smartfren Andromax brand. These phones operate on CDMA 2000 1xEVDO Rev A, and using Android OS. The line up for Andromax is C and G for Low End Smartphone, I and T for Mid to Low End Smartphone, and U, V, and Z for Mid to High End Smartphone.
Andromax is well-known in Indonesia as affordable Smartphone.
References
External links
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