Business Services Industry
BRIEFING - ASIA TELECOMMUNICATIONS - NOV 14, 2002.
AsiaPulse News, November, 2002
An executive briefing on the telecommunications industry for Nov 14, 2002, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, asia-based wire with exclusive news, commercial intelligence and business opportunities.
INDONESIA'S PT INDOSAT POSTS NINE MONTH NET PROFIT OF US$47.3 MLN
JAKARTA - Indonesian telco PT Indosat Tbk (JSX:ISAT) posted a net profit of Rp435.5 billion (around US$47.3 million) for the first nine months of 2002.
Compared to the first semester of 2002, the figure fell due to loss from conversion rates, a rise in interest expense and amortization of 25 per cent of Satelindo's shares held by Deutsche Telekom Asia, Indosat director Widya Purnama said.
WINNER OF INDOSAT'S PROJECT TO BE ANNOUNCED LATE NOVEMBER...
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