Indosat (ISAT IJ)
Analyst: Chandra Pasaribu
BUY / TP: IDR2,760 (+40.5%)
1Q19 result – above expectation
• Revenue and EBITDA, above our numbers
• Data pricing down
• Improved EBITDA margin from lower opex
• Upgrade to BUY, unchanged target price of IDR2,760