Indosat expects moderate growth with network modernization

The Jakarta Post - After suffering a loss last year and minimal growth in the first quarter this year, telecommunications operator PT Indosat (ISAT) expects moderate growth this year with its major network-modernizing program, the company’s chief executive has said.

Indosat CEO Alexander Rusli said after a shareholders’ meeting on Thursday that the firm expected revenue growth of between 6 and 8 percent from the network modernization in several regions across the country.

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