NEWS
Indonesia’s Link Net adds 62K subs in Q2; end-July subscribers hit 784,000
01 September 2020
Indonesia’s PT Link Net added 62,430 net new subscribers in the second quarter of this year, taking total subscribers to 762,392, the company said today.
In July, Link Net added an additional 21,807 net new subs, taking total subscribers to 784,199 at the end of July. Total homes passed at the end of June were 2.621 million.
The company also reported a record high penetration of 29.1% in 2Q20 compared with 27.5% as at 1Q20.
Churn in 2Q20 reduced to 2.4% compared with 2.6% in the first quarter of this year.
Reporting its latest financials, Link Net said revenue in the second quarter was up 6.2% to Rp971 billion/US$66.6 million over the same period last year.
EBITDA growth was 0.3%.
ARPU for the first half of this year was Rp375,000/US$25.