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Nokia expects bullish market in Indonesia

Published on .

JAKARTA--Nokia is expecting the cellular phone market in Indonesia to ring up fine sales this year as the country's economy pulls itself out of crisis. The recovery will stimulate phone sales, says Alexander Lambeek, general manager of Nokia Mobile Phones Indonesia. He notes that growth of cell phone sales in Indonesia exceeded other markets before the crisis set in last year. But state telecommunications firm Telkom says the number of cellular phone users in Indonesia has plummeted by about 26%, from about 1 million prior to the crisis to 762,602. Main contributors to the decline are increased prices and usage rates following the free-fall of the currency, the rupiah.

Copyright February 1999, Crain Communications Inc.

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