Indosat Tbk PT (ISAT.JK)
Rp. -5.00 (-0.13%)
|Market Cap (Mil.):||Rp. 20,757,630.00|
|Shares Outstanding (Mil.):||5,433.93|
Phone operator PT Indosat plans to repay debt worth 2.3 trillion rupiah ($201.1 million) this year using internal cash, said CEO Alexander Rusli.
April 3 - (The following statement was released by the rating agency)
(The following statement was released by the rating agency) SINGAPORE/JAKARTA/SYDNEY, April 02 (Fitch) Fitch Ratings has affirmed PT Indosat Tbk's (Indosat) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at 'BBB'. The agency has also affirmed the Indonesia-based company's National Long-Term Rating at 'AAA(idn)'. The Outlook is Stable on the IDR and the National Long-Term Rating. Fitch has also affirmed the foreign-currency senior unsecured rating of 'BBB'. 'AAA' National
Phone operator PT Indosat aims to get a 3.6 trillion rupiah ($315.5 million) loan this year to pay some of its outstanding debt due this year, said Andromeda Tristanto, head of investor communication.
DUBAI, March 26 - Indonesia's second-largest telecom operator, PT Indosat, has agreed to sell its 5 percent stake in PT Tower Bersama Infrastructure Tbk for $122 million, Indosat's parent firm Ooredoo said on Wednesday.
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JAKARTA, Feb 26 - Indonesia's second-largest telecommunication operator, PT Indosat plans to either spin off or sell its tower assets next year to focus on its core business, the company's CEO told reporters on Wednesday.
Phone operator PT Indosat Tbk booked a net profit of 1.25 trillion rupiah ($107.3 million) in 2013, up 48 percent from a year earlier.
Phone operator PT Indosat Tbk, a unit of Qatar's Ooredoo QSC, plans to spend 16 trillion rupiah ($1.32 billion) on capital expenditure in 2014-2015, aiming to boost revenue by 5 percent to 7 percent until 2015, according to a report by Standard & Poor's, the Investor Daily reports.
Cellular operator PT Indosat has secured a 1 trillion rupiah ($82.99 million) loan from a local lender, said Investor Relations Officer Bayu Hanantasena, adding the firm will use the funds to finance expansion and refinance loans that are due this year. (Bisnis Indonesia)