Telkom Indonesia (TLKM IJ): Changes accounting policy

Telkom Indonesia (TLKM IJ)
BUY / TP: IDR:3,400 (+19.3%)
Analyst: Chandra Pasaribu

Changes accounting policy
• Within expectation at low end
• Promising outlook in B2C segment
• OM cost increase to be sustained
• Re-iterate BUY – Unchanged TP of IDR3,400