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Videos » Smartfren allocates CapEx US$ 200 million
25 February 2019

JAKARTA - One of telecommunication service providers in Indonesia, PT Smarfren Telecom Tbk (FREN), allocated US$ 200 million for capital expenditure (CapEx) in 2019. CapEx will be used to expand the company's telecommunication infrastructure network.

Merza Fachys, President Director of PT Smartfren Telecom Tbk (FREN) stated that this CapEx will be used for the company's telecommunication infrastructure network expansion. "We hope it can be more efficient and we can increase the network expansion with the CapEx allocation," said he, in Jakarta.

According to Fachys, the company is optimistic to reach the target performance 2019 without any pressure from the previous year condition in telecommunication industry.

"In the beginning of last year, telecommunication industry faced some pressures, when the new regulation insists providers and consumers to register their numbers," he said. (LK/AR/W)