Monday, November 2, 2009

PT Telkom To Up Capex

PT Telekomunikasi Indonesia plans to spend 20 trillion Indonesian rupiah (2.09 billion US dollars) in capital expenditure next year, up from a target of 17 trillion this year, according to Dow Jones Newswires. The company's finance director said that the company also expects its revenue to grow by a single digit (between 0% and 10%) in 2010, as it adds at least 10 million new mobile subscribers. source: Dow Jones/Total Telecom

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