New Street Research - Mitratel (IDR935) New Street: Mitratel (Buy, TP: IDR1,135, +39%) Feedback from small group call

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New Street Research

Chris Hoare

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New Street: Mitratel (Buy, TP: IDR1,135, +39%) Feedback from small group call

We had another reasonably bullish call this evening Jakarta time with Mitratel. Long term trends look very positive, and the company is confident it can deliver double digit revenue growth going forward.

14/03/2022 1 EN

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Chris Hoare

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New Street: Mitratel (Buy, TP: IDR1,135, +39%) Feedback from small group call

Mitratel (Buy, TP: IDR1,135, +76%) Q3 24 Quick Take: Faster

Mitratel (Buy, TP: IDR1,135, +73%) Q2 24: YTD EBITDA tracking ahead

EM Towers Q1 CY24 review: Better overall; trimmed price targets for Indonesian Towers on consolidation risk

Alphabet (GOOGL, Buy, $213 target) Forget Chrome, 3P payments are the heart of the issue

SATS: DBS merger breaks

3Q24 Broadband Trends: FWA capacity limits; FWA demand limits

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