OREANDA-NEWS. Mitsui & Co., Ltd. is pleased to announce that it has invested US\\$75 million in PT Internux ("PTI"), a mobile (LTE) telecommunication operator owned by Indonesian conglomerate Lippo Group, and started its services.

The current number of mobile subscribers in Indonesia (population 240 million) exceeds 250 million, and the net number of subscribers has reached 170 million. Of particular note, it is estimated that, among handset users, smart phone use will rise to 40% in 2015 from 15% in 2010. Not only that, we expect services using still images and moving pictures on the mobile internet will accelerate due to the popularization of SNS, and demand for large-volume data communication will also increase as smartphones spread.

PTI, to meet demand, launched a high-speed mobile data communication (LTE) service on December 24th in the Greater Jakarta area, which will contribute to enhancing the local mobile network environment. In the long term, we intend to expand the service area and create new business in mobile application areas.

Mitsui is accelerating its globalization and redeploying resources strategically in line with its medium-term management plan. Through executing this business in Indonesia, which is one of the key areas in the medium-term management plan, we will provide value creation in mobile related service fields.