Indosat Ooredoo and Nexford University Partner to Provide Scholarships for 10,000 Indonesians

Indosat Ooredoo

Wed, 12 Aug 2020 - 03.02pm

JAKARTA, Indonesia, Aug. 12, 2020 /PRNewswire/ -- Indosat Ooredoo, the leading digital telco in Indonesia, has joined hands for the first time with an online American university based in Washington DC to provide scholarships for up to 10,000 Indonesians. This initiative also supports Indonesian government's decision to prevent the spread of Coronavirus (COVID-19) by promoting online learning and encouraging institutions to shift the medium of learning to digital.

Indosat Ooredoo, through IM3 Ooredoo, will provide essential support for online education by giving 20GB data per month to learners who enroll for any Nexford course, certificate, or degree program throughout the duration of the course. The scholarship will also provide to new Indonesian learners who enroll at the Nexford university, a 20% reduction in the tuition fee, making online education accessible and affordable.

President Director & CEO Indosat Ooredoo, Ahmad Al-Neama, said: "Learning and working will continue to look different after COVID-19 and the demand for online education will continue to grow beyond 2020. We, at Indosat Ooredoo, are committed to support the growth of Indonesia and Indonesians by providing all means to support a digital lifestyle. Powered by an easy access to Internet, and along with Nexford University, USA, we want to help our learners by giving free 20GB data plus a reduced tuition fee to support their dream for a better future by choosing the right education."

Fadl Al Tarzi, Chief Executive Officer, Nexford University, said: "Indonesia is in a unique position to take advantage of online learning because more than 171 million are connected to the internet, its youth are extremely tech-savvy and will certainly value a modern, innovative university experience. Our collaboration with Indosat Ooredoo makes high-quality American education accessible to Indonesians without needing to invest tens of thousands of dollars."

According to the UNESCO Institute for Statistics data, Gross Enrollment Ratio (GER) or the ratio of students to higher education levels in Indonesia is only 36.3 percent, it is still low compared to 88 percent in the United States. Indonesia currently has 600 universities, which is much fewer than its neighboring countries and a fraction of the US with over 2,000 universities. Therefore, Indosat Ooredoo collaborated with Nexford University to bridge the gap by providing a high- quality online education option that will support learning activities from home or anywhere.

The scholarship complements Indosat Ooredoo's deeply embedded CSR program to support digital needs while people are working from home and learners are home-schooling.

For more information about the scholarship program from the cooperation of Indosat Ooredoo and Nexford can be accessed here:

About Indosat Ooredoo

Indosat Ooredoo (IDX:ISAT), member of Ooredoo Group, is building Indonesia's leading digital telco, enabling access and greater connectivity for everybody and every business. Indosat Ooredoo aspires to enrich the lives of Indonesians in the digital world. The Company reported 57.2 million mobile customers as of 1H 2020 and operates 52,776 4G BTS covers nearly 90% of population.

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About Ooredoo

Ooredoo is an international communications company operating across the Middle East, North Africa and Southeast Asia. Serving consumers and businesses in 10 countries, Ooredoo delivers the leading data experience through a broad range of content and services via its advanced, data-centric mobile and fixed networks. Ooredoo generated revenues of QAR 30 billion as of 31 December 2019. Its shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.

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This document may contain certain financial information and results of operation, and may also contain certain projections, plans, strategies, and objectives of Indosat Ooredoo, that are not statements of historical fact which would be treated as forward looking statements within the meaning of applicable law. Forward-looking statements are subject to risks and uncertainties that may cause actual events and Indosat Ooredoo's future results to be materially different than expected or indicated by such statements. No assurance can be given that the results anticipated by Indosat Ooredoo, or indicated by any such forward-looking statements, will be achieved.

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