Indosat Ooredoo Hutchison stock: AI strategy follows 9M growth

Indosat Ooredoo Hutchison reported stronger operating performance for the first nine months of 2026 as it expanded beyond connectivity into artificial intelligence services. In a company release dated Wednesday, October 28, Indosat said revenue rose 11 percent year on year to IDR 45.8 trillion and EBITDA reached IDR 21.1 trillion. Net profit attributable to owners increased 37.2 percent to IDR 4.9 trillion.

Core telecom business supports expansion

The company said its core business benefited from data-driven customer personalization, network investment and 5G monetization. Blended cellular average revenue per user rose 16.5 percent year on year to IDR 46,000, while data traffic increased 16 percent to 14,829 petabytes.

AI Cloud revenue reached USD 50 million in the first nine months, already above the USD 28 million generated in the full year of 2025. Indosat expects AI Cloud revenue to reach USD 100 million by the end of 2026, adding a new growth stream beside mobile and broadband services.

AI platform broadens growth agenda

Indosat is combining connectivity, fiber infrastructure, data centers, computing capacity, AI models and enterprise applications. Its RAIA Grid fiber network spans 86,000 kilometers, while Zankore by Indosat is developing AI infrastructure with a long-term ambition of reaching 1 gigawatt of capacity.

The Indosat Intelligence Suite, launched with F5, gives businesses access to AI models and infrastructure through a governed interface. The strategy could diversify the company beyond conventional telecom revenue, but its commercial contribution remains tied to execution, infrastructure spending and enterprise adoption.

Indosat Ooredoo Hutchison stock traded at 0.07 euros on Lang & Schwarz at 22:59 Berlin time on Tuesday, November 10, 2026.

What Indosat does

Indosat Ooredoo Hutchison provides cellular services, information and communications technology solutions, data centers, fiber-to-the-home connections, electronic payments, financial services and other digital products in Indonesia. The company is using its telecom network and digital infrastructure as the base for an AI-focused expansion across Indonesia and beyond. Its own October release positions Indosat among Southeast Asia's fastest-growing telecommunications companies, with a more specialized push into AI infrastructure and enterprise applications alongside its established connectivity business.

Indonesia's equity market remains the relevant regional market backdrop for Indosat, alongside the latest market reports.

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