October 20, 2016 8:32 PM ET

Wireless Telecommunication Services

Company Overview of PT Smartfren Telecom Tbk

Company Overview

PT Smartfren Telecom Tbk, together with its subsidiaries, provides code division multiple access (CDMA) cellular and telecommunication network services for subscribers in Indonesia. The company also offers multimedia products and related services, including voice services, data/image, and other mobile commercial services. In addition, it is involved in the development, leasing, and ownership of a wireless telecommunications network in 800 MHZ band based on CDMA technology; provision of after sales services for telecommunication equipment and/or products; trading, distribution, and sale of telecommunication goods, equipment, and/or products; and provision of electronic money services for prep...

Jl. K.H. Agus Salim 45



Jakarta,  10340


Founded in 2002

2,184 Employees

Key Executives for PT Smartfren Telecom Tbk

PT Smartfren Telecom Tbk does not have any Key Executives recorded.

PT Smartfren Telecom Tbk Key Developments

Smartfren Telecom to Invest USD 100 Million in Network Coverage Upgrade

Smartfren Telecom has allocated USD 100 million in capital expenditure in 2016 to cover the blank spots in its service coverage. Smartfren will proceed with the undisbursed lending facilities from China Development Bank worth USD 180 million of the total loan commitment secured in September 2015 worth USD 300 million.

Smartfren Telecom Expands its LTE Services to 85 Cities

Smartfren Telecom expanded its LTE services to 85 cities. Smartfren has selected Nokia to develop its base transceiver stations in Greater Jakarta, West Java and Sumatra. ZTE is in charge of Smartfren's infrastructure in Central Java, East Java, Bali, Lombok, Kalimantan and Sulawesi. Smartfren currently offers 4G-enabled handsets from Samsung, Lenovo and Hisense. Smartfren says that of its total base of 13 million customers, around 1 million are 4G users.

Cascade Gold Awards Loan Deal, Worth $100 Million to Smartfren Telecom

Smartfren Telecom announced that $100 million loan agreement has been bagged by the company from Cascade Gold. The loan matures three years, following the company began to make withdrawals. The loan will be used to repay the company’s debts, as well as those of the company subsidiaries, and to help fund working capital.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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