Together with our customers, Mitratel will keep connecting people across the nation with robust information and communication networks. Given Indonesia’s challenging geography, this is no easy task. We always prioritizes collaboration.
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Mitratel demonstrated its strong fundamentals by continuing to grow in revenue, EBITDA, and net profit.
As of 1H 2024, revenue reached Rp 4.45 trillion (up 7.8%), EBITDA Rp 3.7 trillion (up 10.2%), and net profit Rp 1.06 trillion.
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The Infographic of 1H 2024 Operational Performance below and visit the website https://t.co/huJ7pr5Jqp for further information.
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In 1H 2024, Mitratel successfully maintained its position as the No. 1 Digital Infrastructure Company in Southeast Asia (in terms of tower ownership). In addition, Fiber grew 37.9%.
To deal with the changes in the industry, Mitratel also conducts selective strategic partnerships for the development of new technologies, to ensure the creation of Growth Story and Value Creation from these activities.
Infographic of Mitratel's 1H 2024 Financial Performance below and visit the website https://t.co/huJ7pr5Jqp for further information.
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Mitratel's 1H24 Net Profit Reached 1 Trillion
Financial performance that continues to grow makes the fundamentals stronger. This is reflected in implementing efficient business schemes, optimization and digitizing internal business process that generate increased profitability.
With Indonesia's population around 278.7 million people, this means there are still 57.1 million people unconnected to the internet. Most of them live in areas that are hard to reach with BTS towers.
The Flying Tower System (FTS) is a connectivity technology innovation that is perfectly suited to Indonesia's geographical conditions.
Mitratel believes that FTS can support and accelerate the equal distribution of internet access across Indonesia.
So, can you envision which connectivity technology innovation is best suited for Indonesia's geographical conditions?
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What are the differences between these four connectivity technologies?
Simply put, the higher the distance from the ground, the wider the coverage area, but the speed and latency decrease.
FTS is an innovative connectivity technology featuring unmanned aircraft flying in the stratosphere at an altitude of 20-50 km above the ground. FTS can provide high-speed connectivity services with low latency.
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Mitratel has signed a memorandum of understanding with AALTO for the development of the Flying Tower System (FTS) in Indonesia.
AALTO is a global company and a subsidiary of Airbus.