Indosat (ISAT IJ): Fiber asset divestment

Indosat (ISAT IJ)
BUY / TP: IDR:3,000 (+57.9%)
Analyst: Chandra Pasaribu

Fiber asset divestment
• Divesting 100% ownership in fiber company
• Receiving upfront cash and growth prospects from NFT
• Awarded a total of 80MHz in the auction of 700MHz and 2.6GHz bands
• Re-iterate BUY