Last 50.00
Change Today 0.00 / 0.00%
Volume 15.0K
BTEL On Other Exchanges
As of 10:00 PM 09/18/14 All times are local (Market data is delayed by at least 15 minutes).

bakrie telecom tbk pt (BTEL) Snapshot

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52 Week High
09/20/13 - $50.00
52 Week Low
09/20/13 - $50.00
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Current Stock Chart for BAKRIE TELECOM TBK PT (BTEL)

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bakrie telecom tbk pt (BTEL) Details

PT Bakrie Telecom Tbk provides fixed digital radio cellular telecommunication national network and services in Indonesia. It primarily offers fixed direct line long-distance connections, post-paid services, and pre-paid cards. The company has operations in Jakarta, Banten, Bali, Sumatera, Sulawesi, and Kalimantan, as well as in West, Central, and East Java. It was formerly known as PT Radio Telepon Indonesia. The company was founded in 1993 and is headquartered in South Jakarta, Indonesia.

1,373 Employees
Last Reported Date: 07/25/14
Founded in 1993

bakrie telecom tbk pt (BTEL) Top Compensated Officers

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bakrie telecom tbk pt (BTEL) Key Developments

Bakrie Telecom Reports Earnings Results for the First Half of 2014

Bakrie Telecom reported earnings results for the first half of 2014. For the period, the company reported net loss of IDR 316.8 billion compared to a net loss of IDR 292.7 billion in the year-ago period. Net revenue amounted to IDR 773 billion, down from IDR 1.11 trillion.

Bakrie Telecom Reports Earnings Results for the Year 2013

Bakrie Telecom reduced the net loss for year 2013 to IDR 2.65 trillion from IDR 3.14 trillion a year earlier. By reducing operating expenses by 28% year-on-year through cost efficiency initiatives, the company managed to deliver positive EBIT after experiencing operating losses in previous years. However, revenues fell 18.1% to IDR 2.43 trillion as voice revenues were impacted by changes in subscriber usage and the general saturation stage that the mobile market has entered into. EBITDA was down 5.2% to IDR 911.3 billion.

Bakrie Telecom Reports Earnings Results for the Nine Months of 2013

Bakrie Telecom reported earnings results for the nine months of 2013. The company widened its nine-month net loss to IDR 1.52 trillion from a net loss of IDR 988.3 billion in the year-ago period partially due to forex losses. Revenues fell 15.2% to IDR 1.88 trillion due to lower telecommunication service revenues. EBITDA was flat at IDR 770.1 billion.


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