Corporate Updates
Mitratel (MTEL IJ): Inorganic-driven result
Mitratel (MTEL IJ)
BUY / TP: IDR:820 (+31.2%)
Analyst: Chandra Pasaribu
Inorganic-driven result
• Better than expected result
• Improved economies of scale
• Downgrade TP to IDR820
• Re-iterate BUY