Mitratel (MTEL IJ): Muted performance

Mitratel (MTEL IJ)
BUY / TP: IDR:700 (+57.0%)
Analyst: Chandra Pasaribu

Muted performance
• Slow performance was in line
• Operational numbers see inflection
• Potentially exposed to the rise in rates
• Re-iterate BUY with TP of IDR700