Grameen Foundation, Qualcomm and Bakrie Telecom Announce Application Laboratory in Indonesia
Thursday, November 04, 2021 7:00 PM

Related Stories



- New Services to Provide Income-Generating Opportunities to the 'Next 60 Million' Indonesians Living at the Bottom of the Socio-Economic Pyramid -

JAKARTA, Indonesia, Nov. 4, 2010 /PRNewswire-FirstCall/ -- Grameen Foundation, together with Qualcomm Incorporated (Nasdaq: QCOM), through its Wireless Reach™ initiative, and Bakrie Telecom, today announced the launch of the Application Laboratory in Indonesia (AppLab Indonesia).  Building on Grameen Foundation's pioneering AppLab initiative in Uganda, AppLab Indonesia delivers new and innovative products, information services and business opportunities tailored to the needs of the poor and specifically designed to increase their incomes.  

AppLab Indonesia builds on work started in 2009 to create a network of micro-entrepreneurs to adopt mobile phone-based business opportunities.  AppLab Indonesia will develop avenues for business learning and provide other essential information to help increase their bargaining power and income.  To ensure long-term support for this growing network, Grameen Foundation, Qualcomm and Bakrie Telecom, incubated PT RUMA, an Indonesian social enterprise which translates to mean "your micro-business partner."  PT RUMA operates as an implementing partner to help poor micro-entrepreneurs to first become electronic airtime resellers, and then to expand their businesses with new AppLab products and services that will further increase their income.

"Entrepreneurship is essential towards strengthening economies and social development. Through AppLab Indonesia, we are creating specialized wireless products and services that allow micro-entrepreneurs in Indonesia to start new businesses and have access to real-time data, helping them to build a more efficient and profitable business," said John Stefanac, vice president of Qualcomm and president of Qualcomm Southeast Asia and Pacific.  "We are proud to be part of AppLab Indonesia as it is yet another example of how wireless technology can stimulate economic growth and enhance the livelihoods of people in underserved communities in Indonesia."  

An estimated 63 percent of Indonesia's economy is driven by the informal sector, so efficiency gains in this sector can have a meaningful effect on the macro-economy in Indonesia.  At the micro-economic level, connecting hardworking people to better jobs, along with paying micro-entrepreneurs to maintain an active portfolio of these job seekers, can have a transformative effect on their lives and livelihoods.  

"As we work with Qualcomm and Bakrie Telecom to empower the poorest people in Indonesia to transform their own lives, an essential tool we can put in their hands is a mobile phone loaded with services that enable access to new business and job opportunities," said Jennifer Meehan, chief executive officer, Asia Region, Grameen Foundation.   "As such, these services can substantially increase the amount and predictability of their income streams, leading to improved health, nutrition and educational opportunities in the household, which are the core elements that can break the generational cycle of poverty."

"We believe access to telecommunications services is the birthright of every Indonesian," said Erik Meijer, deputy president director of Bakrie Telecom. "As a leader in providing affordable wireless services to Indonesia, we are proud to be a part of AppLab Indonesia, which will offer our customers embedded value-added services that they can use to earn additional income and work themselves out of poverty."

To date, more than 300,000 unique customers have been served through PT RUMA's rapidly growing network of more than 4,500 micro-entrepreneurs.  An estimated 47 percent of the micro-entrepreneurs who stay in the portfolio for more than four months have moved above the poverty line, and more than 90 percent of the businesses are owned by women.  One example of these services is "Kerjalokal," or "Day Job Search," which connects the poor in Indonesia to informal sector job opportunities, increasing the chances of stable income for the household. Through subscription services offered by PT RUMA micro-entrepreneurs in their community, job seekers pay less than thirty cents per week and in return receive a daily SMS with a job listing that meets three criteria: their location, their specified job category and their preferred salary range.  

About Grameen Foundation

Grameen Foundation, a global nonprofit organization, helps the world's poorest people lift themselves out of poverty by providing financing, technology support, and management strategies to the local organizations that serve them.  It also spearheads technology initiatives that create new microbusiness opportunities for the poor and improve the poor's access to health and agriculture information and other services.  Founded in 1997, Grameen Foundation has offices in Washington, DC; Seattle; Hong Kong; Ghana; the Philippines; and Uganda. Microfinance pioneer Dr. Muhammad Yunus, founder of Grameen Bank and winner of the 2006 Nobel Peace Prize, is a founding member of its board of directors, and now serves as director emeritus.  For more information, please visit grameenfoundation.org.

About Qualcomm and its Wireless Reach Initiative

Qualcomm believes access to advanced wireless voice and data services improves people's lives. Qualcomm's Wireless Reach initiative supports programs and solutions that bring the benefits of connectivity to underserved communities globally.  By working with partners, Wireless Reach projects create new ways for people to communicate, learn, access health care, sustain the environment and reach global markets. For more information, please visit www.qualcomm.com/wirelessreach.

Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in next-generation mobile technologies.  For 25 years, Qualcomm ideas and inventions have driven the evolution of wireless communications, connecting people more closely to information, entertainment and each other.  Today, Qualcomm technologies are powering the convergence of mobile communications and consumer electronics, making wireless devices and services more personal, affordable and accessible to people everywhere.  For more information, visit Qualcomm around the Web:

www.qualcomm.com

Corporate Blog: www.qualcomm.com/blog

Twitter: www.twitter.com/qualcomm

Facebook: www.facebook.com/qualcomm

About Bakrie Telecom

Bakrie Telecom is a fixed wireless access (FWA) with limited mobility service provider both using CDMA 2000 1x and EVDO technology as well.  BTEL is known for its innovative and exciting products and services that always lead the market through Esia, Wifone, Wimode and SLI Hemat 009 brands.  Moreover by its subsidiary, Bakrie Connectivity, BTEL has broadband wireless services with AHA product name.  On the first semester 2010, BTEL subscribers had reached 11.1 million, spread across 82 cities.  Service to customers is provided through two call centres, 90 Gerai Esia and more than 98,000 sales outlets throughout Indonesia.

For furthermore information, please visit www.bakrietelecom.com.

Qualcomm is a registered trademark of Qualcomm Incorporated.  Wireless Reach is a trademark of Qualcomm Incorporated.  All other trademarks are the property of their respective owners.

Qualcomm Contacts:

Adrian Fu, PR Southeast Asia

Phone:  + 852-9755-1610

Email:  afu@qualcomm.com


Tina Asmar, Corporate Communications

Phone:  1-858-845-5959

Email:  corpcomm@qualcomm.com


Warren Kneeshaw, Investor Relations

Phone:  1-858-658-4813

Email:  ir@qualcomm.com


Grameen Foundation Contact:

Liselle Yorke, Marketing & Communications

Phone: 1-202-628-3560, x 128

Email: lyorke@grameenfoundation.org


Bakrie Telecom Contact:

Aurelius Noorman Iljas, Public Relations

Phone: +62 21 9110 1112

Email: noorman@bakrietelecom.com



SOURCE Qualcomm Incorporated; Grameen Foundation; Bakrie Telecom

Adrian Fu, PR Southeast Asia, + 852-9755-1610, afu@qualcomm.com, or Tina Asmar, Corporate Communications, +1-858-845-5959, corpcomm@qualcomm.com, or Warren Kneeshaw, Investor Relations, +1-858-658-4813, ir@qualcomm.com, all of Qualcomm Incorporated; or Liselle Yorke, Marketing & Communications of Grameen Foundation, +1-202-628-3560, ext. 128, lyorke@grameenfoundation.org; or Aurelius Noorman Iljas, Public Relations of Bakrie Telecom, +62 21 9110 1112, noorman@bakrietelecom.com

(Source: PR Newswire )
(Source: Quotemedia)
 

Sponsors

Symbol :

Advertisement

Market news:

  • Defiant North Korea fires artillery warning shots Nov 26, 2021 12:36 PM

    • YEONPYEONG ISLAND, South Korea - A defiant flash of North Korean artillery within sight of the island that it attacked this week sent a warning signal to Seoul and Washington: The North is not backing down.
    • The apparent military drill Friday came as the top U.S. commander in South Korea toured Yeonpyeong island to survey the wreckage from the rain of artillery three days earlier.
    • As a U.S. nuclear-powered aircraft carrier headed toward the Yellow Sea for exercises next week with South Korea, the North warned that the joint maneuvers will push the Korean peninsula to the "brink of war."
      • Colorado weighs difficulties of pot regulations Nov 26, 2021 12:23 PM

        • Colorado is working toward becoming the first state to regulate production of medical marijuana.
        • Regulators say pot consumers deserve to know what they're smoking, and producers should have safety regulations such as pesticide limits for plants destined for human consumption.
        • But that's what some people are doing when they buy marijuana," said Buckie Minor of Full Spectrum Laboratories in Denver, which currently does voluntary marijuana analysis for about 100 growers and dispensaries.
          • Officials pull out of CA bomb factory, cite danger Nov 26, 2021 12:01 PM

            • ESCONDIDO, Calif. - Explosives experts have pulled out of a San Diego County home described as a virtual bomb-making factory because it's too dangerous to remove some of the materials discovered inside the rental property earlier this month.
            • Operations at the Escondido home of George Djura Jakubec were suspended on Wednesday until local, state and federal explosives experts can make plans to re-enter the home and remove blasting caps and dangerous chemicals, the county Sheriff's Department said in a statement.
            • Prosecutors have said the materials found at Jakubec's home in Escondido, about 20 miles north of San Diego, make up the largest amount of certain homemade explosives in one location in U.S. history.
              • All-night shop-a-thon: Black Friday draws crowds Nov 26, 2021 11:32 AM

                • Bargain shoppers, braving rain or frigid weather, crowded the nation's stores in the wee hours of the night to get their hands on deals from TVs to toys on Black Friday.
                • In an encouraging sign for retailers and for the economy, more shoppers appeared to be buying for themselves than last year, when such indulgences were limited.
                • Brian Dunn, CEO of Best Buy Co., which started its holiday TV ads 11 days earlier this year than last year, reported customer counts were showing high single-digit percentage increase Friday morning compared last year.
                  • Saudi forces arrest 149 al-Qaida suspects Nov 26, 2021 10:57 AM

                    • RIYADH, Saudi Arabia - Saudi authorities said Friday they arrested 149 al-Qaida suspects in a months-long sweep and thwarted attacks inside the kingdom on government officials, media personalities and civilian targets.
                    • Saudi Arabia's anti-terror campaign has largely crushed al-Qaida's operations in the kingdom since a series of attacks there that began in 2003.
                    • Some key militants, however, fled across the southern border to Yemen, where the regional al-Qaida branch has re-established a stronghold from which to plot attacks on Saudi Arabia and beyond.

                      More news


Advertisement

    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
GEOXXXXX PAY$0.31
mrbilltraderXXXXX POT$1.15
XXXXXXXXXX OVTI$0.43
sam farahanXXXXX TECD$0.95
XXXXXXXXXX GSS$0.05
XXXXXXXXXX ABB$0.31
adfgafg ERTS($0.26)
XXXXXXXXXX SD$0.03
XXXXXXXXXX ATML$0.11
XXXXXXXXXX CBPO$0.32