Trust given by the customer to TM has been proven by participation in customer projects and development of their infrastructures.
In order to sustain our business growth over the long-term, our business strategy is to defend our traditional markets, while at the same time pursue profitable growth in the new wave markets. Throughout the world, traditional VSAT markets are dwindling from the steady migration of paying customers to better and more cost-effective forms of new wave communications. This trend is irreversible worldwide and the Indonesian market is no exceptions.
The sheer size of our traditional market makes it imperative that we should arrest the rate of migration from VSAT to new wave. This is being done through service quality improvements, quicker response and restoration to down lines, and aggressive promotion to increase the use of potentially growing products, such as dial-up internet connection, which still relies on public switched telephony networks. Our efforts in defending our traditional turf have borne fruits. New wave services comprise of well-established and rapidly growing broadband internet, and wireless businesses.
TM is fast emerging as the leading player, and a force to be reckoned with the new wave market phenomenon in Indonesia. This enables us to leverage on our strong market position to either forge strategic partnerships with leading global players to have strong leadership in the areas in which we are engaged. This, we believe, is likely to increase our long-term sustainability and profitability.
Together with other subsidiaries within ELANG MAHKOTA TEKNOLOGI GROUP (EMTEK), we are taking the lead in many of our endeavors, from our business to regulatory engagements and corporate social responsibilities. In business, we are the leading provider of VSAT services in the country and an emerging broadband and network services provider of considerable strength. In the regulatory environment, we participate actively in the reasoning and recommendations behind the direction and formulation of telecommunications regulations in the country.
Our efforts at this have led to tangible benefits for the industry as well as for our stakeholders’ interests. The future of our VSAT business looks bright and promising for the broadband and network services delivery that we believe will transform the way people live, work and play. It will be less of a revolutionary process than an evolutionary one, and the prospect of growth for our new wave services as they unfold over many years in Indonesia is truly promising.