The award was presented to Telkomsel at the 2015 Frost & Sullivan Asia Pacific ICT Awards banquet held at The Westin Singapore yesterday.
According to Avinash Sachdeva, Senior Industry Analyst, ICT, Frost & Sullivan, Asia Pacific, Telkomsel is one of the largest mobile service providers in the Asia Pacific region, in terms of subscribers.
“Through Telkomsel’s 2.0 growth program, the company has effectively used its SMARTies strategy and garnered more subscribers, increased service revenues, improved blended ARPU and enhanced profitability,” he added.
Avinash said that as a result of the strong execution, the company not only grew its traditional voice and SMS business revenues but also saw significant growth in their digital business revenues as well, supported by the strong uptake of smartphones.
He also said that Telkomsel saw strong growth in their operating profit and net income while maintaining the profit margins as it was successful in managing the expenses through various cost leadership initiatives and leveraged economies of scale.
Avinash noted that in Indonesia, a country of 253 million people with 134% mobile penetration, Telkomsel is the leading mobile service provider. With its 140.6 million mobile subscribers, it has captured almost 42% of the total mobile subscriber market share.
“It is a great honor to receive the Asia Pacific Mobile Service Provider of the Year award from Frost & Sullivan. The award symbolizes the hard work, commitment and dedication of all our employees,” said Ririek Adriansyah, President Director of Telkomsel.
Ririek said that despite the current more challenging environment in the digital era, the foundation that the company has laid in its transformation journey has enabled Telkomsel to be more resilient and better equipped to overcome the challenges faced. Thus, the company is able to maintain its leading position.
“We will continue to upgrade our networks, invest in the latest technology as what we did by being the first that commercially launched mobile 4G LTE in Indonesia and provide high quality services to all of our customers,” he added.
The Frost & Sullivan Asia Pacific ICT Awards program seeks to recognize companies and individuals that have demonstrated best practices in their industry, commending the diligence, commitment, and innovative business strategies required to advance in the global marketplace.
Award recipients are evaluated based on their revenue growth, market share gains, leadership in new product introduction and innovation, breadth of products and solutions, major customer acquisition, and business and market strategy.
The results are then presented to an independent panel of judges, comprising of influential personalities, decision-makers and thought leaders from the ICT sector across Asia Pacific.
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