Bolt to Spend $30m on 1,000 New Base Transceiver Stations by Year-End
Jakarta. Mobile broadband operator Bolt! Super 4G LTE is allocating $30 million in capital expenditure to build 1,000 Base Transceiver Stations in the Greater Jakarta area and Medan, North Sumatra, this year, a top executive said on Monday.
The company is currently operating a total of 3,000 stations, said Bolt chief executive Dicky Mochtar.
“By the end of 2015, Bolt will have 4,000 Base Transceiver Stations,” he told reporters on Monday.
One BTS costs approximately $30,000 to build.
The broadband operator, affiliated with the Jakarta Globe through the Lippo Group, aims to dedicate its 2015 capex to BTS development in order to boost Internet speed for its customers. It will join hands with Chinese telecommunications firm Huawei for the endeavor.
Bolt’s sales portfolio is dominated by Mobile WiFi, with a 90 percent contribution. The remainder comes from sales of its Powerphone range of smartphones.
Bolt aims to increase its overall customer base from the current 1.5 million customers to 2.5 million by the end of this year.
Dicky said Bolt is determined to offer the Indonesian market a wide selection of high-quality Powerphones at a reasonable price.
“I believe that is the key for us to compete with other smartphone products,” he added.
The company currently has three Powerphone models on offer: the ZTE V9820, IVO V5 and the E1.
The E1, which launched on Monday, is targeted at the entry-level segment and Bolt aims to sell 120,000 units by the end of this year.
Bolt is operated by Internux, a unit of Indonesian telecommunication and cable television services company First Media.
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