Corporate Updates

Telkom Indonesia (TLKM IJ): Upshot falls on the weaker side

Telkom Indonesia (TLKM IJ)
BUY / TP: IDR4,070 (+33.4%)
Analyst: Chandra Pasaribu

Upshot falls on the weaker side
• Wins in digital business wins negated by decline in legacy and corporate
• Tremendous data demand
• Enterprise segment remains challenging
• Re-iterate BUY recommendation

Corporate Updates

Telkom Indonesia (TLKM IJ): Upshot falls on the weaker side

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