Operator Indosat

PT Indosat , Tbk was established in
1967 as a foreign investment company to provide international telecommunications
services in Indonesia, commencing its operations in 1969 with the inauguration
of the Jatiluhur earth station. In1980, the Government of Indonesia acquired all
of the shares of Indosat, which then became a State-Owned Enterprise (SOE). In
1994, Indosat listed its shares on the Jakarta Stock Exchange, the Surabaya
Stock Exchange and the New York Stock Exchange, achieving the distinction of
being the first SOE to be listed overseas.



From 1969 until 1990, Indosat provided switched and non-switched international
telecommunications services, including international direct dialling telephony,
international data network communications, international leased lines and
international television transmission services.

Entering the 21st century and in
keeping with the global trends, the Government of Indonesia decided to
deregulate the national telecommunications sector, opening it up to free market
competition. From 2001, all cross-ownerships between Indosat and the domestic
telecommunications provider, Telkom, have been eliminated, whereas the
exclusivity rights of the two telecommunications service providers will be
terminated in several stages.



Indosat pursued a main course of development of its cellular business starting
in the mid 90’s. In 2001, we established PT Indosat Multi Media Mobile (IM3),
followed by acquiring full control of PT Satelit Palapa Indonesia, thus making
IndosatGroup the second largest cellular operator in Indonesia.



At the end of 2002, the Government of Indonesia undertook a 41.94% divestment of
its shares in Indosat to Singapore Technologies Telemedia Pte. Ltd. through the
holding company of Indonesia Communications Limited. With this divestment,
Indosat is once again a foreign investment company, offering full fledged,
integrated network and services in information and communication solutions.



On November 2003, following the signing of the Merger Deed to merge Satelindo,
IM3 and Bimagraha into Indosat, Indosat emerges as a cellular focused Full
Network Service Provider (FNSP). By consolidating its cellular, fixed
telecommunications and MIDI services into a single organization, Indosat is
well-positioned to be the telecommunication service provider with the
comprehensive range of products offering in Indonesia . This was followed by a
comprehensive transformation program, launched in 2004, encompassing in human
resouces, technology, platform and corporate culture and values. The
transformation has started to demonstrate encouraging results as the company
posted record revenues that surpassed Rp 10 trilion threshold and increased in
margin its 10th year as a publicly listed company.



Indosat is the second largest mobile operator with 16.704.639 subscriber base by
the end 2006. Indosat launched its 3.5G for the Jakarta and Surabaya regions in
November 29, 2006. Indosat 3.5G in the intermediate generation of the 3G
technology, which enables subscribers to enjoy better quality voice, video or
hifh speed data/internet access of up to 3.6 Mbps or around 9 times faster than
standard 3G service. All Indosat node B has utilized the HSDPA (High Speed
Downlink Packet Access) technology. Indosat is the first 3G operator , which
fully adopt the HSDPA technology base in Indonesia.



On December 15, 2006, Indosat has accepted 2 channels no. 589 and 630 on its 800
MHz frequency band to operate Local Wireless Fixed Telecommunication Network in
Jabotabek area. Following the approval of these 2 channels, Indosat will
continue to expense local wireless fixed telecommunication services in Jabotabek
area and continue to develop cellular services thoughout Indonesia



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