Bakrie Telecom (BTEL) has just released its first quarter 2012 results. Despite its worsening condition, Bakrie Telecom is one of two companies controlled by Bakrie Group, whose shares remained in positive territory year-to-date. It gains 1.9% YTD to make a market cap of Rp7.58 trillion, bigger than Bakrieland, Bakrie Sumatra Plantations, or Bakrie & Brothers.
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