Indonesian Telcos Q3 24 review: Softer, expect Q4 to improve on price increase; XL-Smartfren merger positive for continued market repair
Q3 was softer across the board, with Indosat ahead on topline growth and Telkom the underperformer again. XL expanded margin for the third consecutive quarter which led to an upgraded EBITDA guidance, as expected.
Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.
New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:
- Pan European Telecom Services and Cable
- US Telecoms, Cable, Satellite and Towers
- Global Emerging Market Telecoms
- Japan Telecoms
- Asian Internet
- Pan European Healthcare
- Global healthcare thematic research
We provide debt research on:
- Pan European Telecom Services and Cable
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.