New Street Research - XL Axiata (Excelcomindo) (EXCL) ... New Street: XL Axiata (Buy, TP: IDR 5,000, +97%) Feedback from small group call

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New Street Research

Chris Hoare

EUR 9016.00 For Business Accounts Only

New Street: XL Axiata (Buy, TP: IDR 5,000, +97%) Feedback from small group call

We had another relatively bullish call yesterday evening Jakarta time with XL Axiata. XL (like Indosat) sees positive trends in Indonesian mobile, with prices likely to stabilise/recover going forward. We are buyers with a price target of IDR 5,000.

27/09/2022 1 EN

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XL Axiata (Excelcomindo)

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Xl Axiata Tbk Pt

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Analysts

Chris Hoare

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New Street: XL Axiata (Buy, TP: IDR 5,000, +97%) Feedback from small group call

XL Axiata (EXCL IJ) - XLSmart Estimates Potential Cost Synergies Of US$300m-400m Pre-tax

Regional Morning Meeting Notes: Wednesday, March 12, 2025

Indonesia Daily - Wednesday, March 12, 2025

NAB Preview: Policy to Drive Media Reshuffle

Charter Pre-1Q25 Model Update

4Q24 Wireless Trends: Expectations for net adds are too high

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