Indosat

Last updated
PT Indosat Tbk
  • Indosat Ooredoo
    (2015–2022)
  • Indosat Ooredoo Hutchison (since 2022)
Formerly
  • PT Indonesian Satellite Corporation (1967–1984)
  • PT Indosat (Persero) Tbk (1984–2003)
Company type Public
IDX:  ISAT
NYSE: IIT (1994–2013)
Industry Telecommunications
Predecessors
  • Bimagraha Telekomindo (1992–2003)
  • Satelindo (1993–2003)
  • Indosat-M3 (2001–2003)
  • Hutchison 3 Indonesia
    (2000–2022)
  • MNC Kabel Mediacom (2013–2024)
Founded20 November 1967;57 years ago (1967-11-20)
Founder ITT Corporation
HeadquartersJl. Medan Merdeka Barat No. 21, Jakarta, Indonesia
Key people
Vikram Sinha (CEO) [1]
Brands
Services Cellular, fixed line and MIDI (multimedia data internet)
RevenueDecrease2.svg Rp 26.117 trillion (2019)
Increase2.svg Rp 1.63 trillion (2019)
Total assets Increase2.svg Rp 62.813 trillion (2019)
Total equity Increase2.svg Rp 12.723 trillion (2019)
Owners
Website

PT Indosat Tbk, trading as Indosat Ooredoo Hutchison, abbreviated as IOH, is an Indonesian telecommunications provider which is owned by Ooredoo Hutchison Asia, a joint venture between Ooredoo and Hutchison Asia Telecom Group (a part of CK Hutchison Holdings) since 2022. [2] The company offers wireless services for mobile phones, and to a lesser extent, broadband internet lines for homes. Indosat operates their wireless services under two brands: IM3 and Three (3). These brands differ by their payment model (pre-paid vs. post-paid) as well as pricing. Indosat also provides other services such as IDD, fixed telecommunications, and multimedia. [3]

Contents

In February 2013, Qtel, a majority stakeholder in Indosat, rebranded itself as Ooredoo. This was followed by a renaming of all their subsidiaries across multiple countries. [4] As such, Indosat was renamed Indosat Ooredoo on November 19, 2015. [5]

As of Q42018, Indosat had 58 million subscribers. [6] This is a sharp decrease from 2017, where the number was reported as 110 million. The market share was 16.5%, making them the second largest mobile network operator in the country.

Frequencies used on Indosat Network in Indonesia
BandFrequencyFrequency WidthProtocolNotes
8900 MHz2*10 MHz EDGE / LTE / LTE-A
31800 MHz

(1732.5~1742.5, 1827.5~1837.5)
(1742.5~1762.5, 1837.5~1857.5)

2*10 MHz
2*20 MHz		 EDGE / LTE / LTE-A
12100 MHz

(1920~1935, 2110~2125) (1935~1945, 2125~2135)

2*15 MHz
2*10 MHz		 LTE / LTE-A

History

1967

Indosat was established as the first foreign investment company in Indonesia that provides international telecommunication services using an international satellite. It was owned by American conglomerate company ITT (through its subsidiary American Cable and Radio Corporation) until 1980.

1980

Logo between 1984 and 2005 Indosat Logo (1984-2005).svg
Logo between 1984 and 2005

Indosat expanded into becoming the first international company that was acquired and 100% owned by the Indonesian Government.

1994–2003

Indosat acquired Satelindo and SLI through share majority. They also established PT Indosat Multimedia Mobile (IM3) to provide and operate a nationwide GPRS network, a first for the country. In 2003, Indosat merged with its 3 subsidiaries—Satelindo, IM3, and Bimagraha—and established itself as a mobile network operator.

2003–2009

Logo between 2005 and 2015 Indosat Logo.svg
Logo between 2005 and 2015

Indosat was granted a 3G network license and introduced a 3.5G service in Jakarta and Surabaya. In 2009, Qtel bought 24.19% of series B shares from the public and became Indosat's majority shareholder with a 65% ownership. They were granted the use of additional 3G frequencies later that same year. Indosat also won the WiMAX bid from the government during this period.

2012–2020

Logo of Indosat Ooredoo, used from 18 November 2015 until 3 October 2019 Indosat Ooredoo logo.svg
Logo of Indosat Ooredoo, used from 18 November 2015 until 3 October 2019

In 2014, Indosat launched and commercialized a 4G service at 900 MHz, with a download speed of up to 42 Mbit/s. The service was first rolled out in the major cities, with planned expansions to rural areas. In November 2015, Indosat rebranded itself as Indosat Ooredoo. In 2016, Indosat teamed up with Swedish based music streaming service Spotify to become the first operator to offer Spotify music services in Indonesia. [7]

2021–present

Logo of Indosat Ooredoo, used from 3 October 2019 until 4 January 2022 Indosat Ooredoo.svg
Logo of Indosat Ooredoo, used from 3 October 2019 until 4 January 2022

In January 2021, Indosat announced that it will exit the satellite business. [8] In September 2021, Indosat has announced that the latter company would be merged with Hutchison Asia Telecom Group/Garibaldi Thohir's joint venture PT Hutchison 3 Indonesia (who operates 3-branded networks in Indonesia) to form Indosat Ooredoo Hutchison (IOH). The merger was closed on 4 January 2022.

Subsidiaries

Current

Former

Slogans

As Indosat

As Indosat Ooredoo

As Indosat Ooredoo Hutchison (IOH)

Shareholders

Following are Indosat Ooredoo Hutchison shareholders (as of 4 January 2022):

References

  1. ↑ "Our Leaders". Archived from the original on 2022-01-19. Retrieved 2022-01-04.
  2. ↑ "Indosat Indonesia Investments". www.indonesia-investments.com. Indonesia Investments. Retrieved 2016-02-02.
  3. ↑ "Conexus". www.conexusmobile.com. Archived from the original on 2014-03-29. Retrieved 2016-02-02.
  4. ↑ "Qtel rebrands as Ooredoo - - ITP.net". ITP.net. Retrieved 2016-02-02.
  5. ↑ "Indosat Ganti Nama jadi Indosat Ooredoo". CNN Indonesia. Retrieved 2016-02-02.
  6. ↑ "Indosat suffers from 4G network underfunding". 22 March 2019.
  7. ↑ "Spotify partners Indosat with 'affordable' Indonesian service". Nikkei Asia. Retrieved 2020-10-22.
  8. ↑ "Indosat ditches satellite business, report says". Comms Update. Retrieved 2021-01-19.
  9. ↑ "Shareholders (as of 4 January 2022)" . Retrieved 5 January 2022.
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