Indosat Invests in Growth PotentialMarch 2006 | Company Finance Alert
Indonesian mobile operator Indosat has announced a marginal net profit fall for 2005 despite seemingly strong growth in Indonesia's cellular market. Indeed, Indonesia is Asia's fifth fastest growing mobile sector, only behind India, Vietnam, Pakistan and China. Indosat recorded IDR1.62trn net profit, a slight drop from 2004's IDR1.63trn, and can be put down to lower one-off gains booked by the operator.
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