Corporate Updates
XL Axiata (EXCL IJ): Insight on fixed broadband
XL Axiata (EXCL IJ)
BUY / TP: IDR:2,820 (+43.1%)
Analyst: Chandra Pasaribu
Insight on fixed broadband
• Seeing more homes passed in next five years
• Consolidation yet to come
• Spectrum sharing could be the next big thing
• Re-iterate BUY