Indosat Ooredoo recorded a stellar performance in the first quarter of 2021 with an increase of 12.6% year on year (YoY) in total revenue to IDR 7.3 trillion, announced the Operator on Thursday.
The operator's cellular revenue rose by 12.5% YoY to IDR 6 trillion. Enterprise business has shown a turn-around in the first quarter of 2021 with 17.1 % growth in enterprise revenue (YoY) to IDR 1.3 trillion.
Indosat Ooredoo recorded a net profit of IDR 172 billion, a stellar IDR 778 billion improvement compared to Q1 2020. The Operator also recorded a healthy customer base growth with 60.0 million engaged customers, an increase of 7% YoY.
Average Revenue per User (ARPU) increased by 11% YoY to IDR 32.7 thousand, driven mainly by robust growth in data traffic, which rose 46% compared to the same period in the previous year.
President Director and CEO Indosat Ooredoo, Ahmad Al-Neama
This Q1 result has set a new benchmark for our financial performance. Our strategy to provide simple and relevant products, supported by our efforts in network excellence, has translated into an accelerating gain in cellular market share and a strong rebound in our enterprise business.
