2024-07-05 18:24:59 ET
Summary
- Telkom Indonesia is a leading telecom company in Indonesia with ample growth potential and strong financial performance.
- Shares have sold off due to pricing concerns, underperforming the iShares MSCI Indonesia ETF by 17 percentage points.
- The Indonesian telecom market has the potential to become one of the world's largest, with Telkom Indonesia well-positioned to outperform.
Opportunity Overview
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) is a leading telecom company in Indonesia with global operations. It has a 60+% market share in one of the world's most populous countries and has ample growth potential this decade if it can gain market share and raise its prices. It also operates around 38,000 towers, making it the largest tower provider in Southeast Asia....
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Telekomunikasi Indonesia: Brilliant Entry Point For Indonesia's Leading Telecom Giant