Corporate Updates

Telkom Indonesia (TLKM IJ): Yet to see traction from FMC

TLKM Indonesia (TLKM IJ)
BUY / TP: IDR:4,350 (+40.3%)
Analyst: Chandra Pasaribu

Yet to see traction from FMC
• Within expectation
• Ambiguous operating matrix
• Improved profitability from corporate segment
• Re-iterate BUY with unchanged TP of IDR4,350 (US$0.27)

Corporate Updates

Telkom Indonesia (TLKM IJ): Yet to see traction from FMC

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