The Diminishing Tariff War Advantage XL - Bank Syndication Credit of 1.5 Trillion Rupiah Settled This Month (13/7)

Monday, July 13, 2009

Financial crisis had caused cellular tariff war to diminish this year. Excelcomindo Pratama opted to strengthen the service to customers and reduce marketing cost this year. Excelcomindo Senior Vice President Corporate Finance Johnson Chan stated that the company still attempt to expand by broadening network and improving this year performance in selective way. The company, he continued, had gained Bank Negara loan commitment as much as 1.5 trillion rupiah (US$ 150 million). / Bisnis Indonesia, pg F3

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