New Street: Telekom Indonesia (Buy, TP: IDR6,000, +49%) Disappointing growth; cut target
Telekom Indonesia has been by far the most disappointing leading EM Telco from a growth perspective over the last 12 months. Whereas others have seen improvements, in Telkom’s case growth has slowed in all key units. This is happening despite price increases and substantial exposure to high growth areas such as Broadband, Enterprise and Data Centres.P.T. Telekomunikasi Indonesia is a telecommunication service and network provision group based in Indonesia. Co. serves millions of customers throughout Indonesia with a complete range of telecommunications services that include fixed wireline and fixed wireless telephone connections, cellular services, network and interconnection services, as well as internet and data communication services. Co. also provides services in information, media and edutainment, including cloud-based and server-based managed services, e-Payment and IT enabler services, Pay TV, as well as e-Commerce and other portal services. Co. operations are organzied along four segments: Corporate, Home, Personal and others.
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.