(Bloomberg) -- PT Telekomunikasi Indonesia, the nation's biggest company by market value, reported first-quarter profit fell 12 percent as higher costs of using rivals' networks offset gains in subscribers at its mobile-phone unit.
Unaudited net income at the state-owned telecommunications company known as Telkom declined to 3.04 trillion rupiah ($335 million) in the three months ended March 31, from 3.46 trillion rupiah a year earlier, the company said in an e-mailed statement yesterday. Telkom has yet to announce its 2006 earnings.
Read more at Bloomberg Emerging Markets News
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